This pencil is in absolutely beautiful condition - bright, clean, no damage or dents and has a quality weight in the hand.  It has some handling wear / age-related wear visible under magnification, commensurate with being c. 120 years old.  It has no maker's marks or marks anywhere indicating maker or origin.  It is in a torpedo / bullet shape when retracted.

It has a beautiful engine-turned barbers' pole pattern engraved to the two sections which twist around the centre line.  When twisted to propel the lead mechanism out of the sheath and propel the lead itself, the pattern gives the most eye-catching optical effect (see video).  

When extended, the pencil is a good size (10cm long) and the extended tip then controls the lead propulsion.  Both this twist mechanism and the twist extend mechanism are working perfectly and smoothly - the engineering is excellent and all the tolerances feel firm and snug.

The top of the pencil unscrews to reveal a lead storage chamber.

The pencil comes with a vintage carton of Wolff's Superior Leads, which contains several refill pieces.  The lead size is the rather rare VS size (1.5mm diameter) which was common at the time, so this carton of leads has some value too.

Cased in a small blue leather, gold tooled, silk and velvet-lined box, fully working, entire, hinges strong, interior clean and unmarked.

This is a beautiful and fully working bundle of history and it will be a delight for whoever brings it back in to work.

Length retracted:  7.5cm

Length extended:  10.0cm

Weight:  0.6cm

Weight:  11.0g

I will send this beautiful item carefully wrapped via tracked Royal Mail delivery in the UK.  Please note if you are buying from outside the UK, this item will be delivered by the eBay Global Shipping Programme and it will take around 10 days to be delivered to your door.