A small silver retractable pencil with E Baker and son hallmark. Birmingham silver . Looks like the date mark is 1937 N

E Baker merged with Yard O led in the 1950s.

https://www.yard-o-led.com/pages/our-story

Smooth mechanism works very well, pull to open up and then twist to use the lead also works very well . also in a box with some leads (but don’t know if these are the right ones )

Happy to provide further photos if required to verify condition

I haven’t found any other pencil like this on line