Sakura Mechanical Pencil Slide Sharp 0.5 mm.  Sliding sleeve, the lead sleeve is retractable. As the function of the sliding, it's not only for the sleeve protection, but also it can continues to write which is not automatic lead out, but the sleeve push back several times without push the button. So you can write continuously for several times

The last picture shows the clip with a nice word 'sakura' on it. very rare and old version

Nos, but long term storage may have small scratches, Please consider pictures as part of the description.