This is a hard to find Sheaffer Tuckaway Pencil made in the mid 1940's. The color is a beautiful olive green and gold. I believe the metal band may be 14K gold as typically many of these pens did have the 14K accents.
The length of the pencil is 4 1/4" and the gold band is nearly 1" long. The pencil still works great and it would make a great gift for a golfer who likes vintage accessories!
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