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You will receive this 1 vintage, Made In Canada Waterman's mechanical pencil. It is marked Waterman's, the lid comes off to reveal an eraser - used, the bottom turns to have the lead come out. The lead is blue (as seen in the last pictured). I don't know the age of the pencil and I also don't know how much lead is in it. The outside is black with silver accents. In good vintage condition, pictured here.