Something of little value hardly raised following objection (6)
I believe the answer is:
button
'something of little value' is the definition.
(proverbially worthless item)
'hardly raised following objection' is the wordplay.
'hardly' becomes 'not'.
'raised' is a reversal indicator.
'following' is a charade indicator (letters next to each other).
'objection' becomes 'but'.
'not' reversed gives 'ton'.
'ton' put after 'but' is 'BUTTON'.
(Other definitions for button that I've seen before include "Tot bun up for a fastening device" , "Garment fastener" , "Round fastener" , "Push it or do it up!" , "Fastener to fit through a hole" .)