Elegant Victorian era mechanical propelling pencil from the late 1800s by Perry and Co. It is gold plated and the nozzle is clearly marked ‘Perry & Co, Patent’. It has a magic action, in that the nozzle extends when the decorative finial top is pulled back from the outer shaft and the pencil is extended to full length, the nozzle is then turned as normal to propel lead. It is in excellent, working, condition.
"Perry & Co, Patent"