LT & Sons produced solid 14K gold writing instruments, and this LT & Sons 14k Solid Gold Mechanical Pencil is a great example in excellent condition. It is hallmarked “LT & Sons 14K” on the nose cone.
Please note that as this mechanical pencil contains interior parts which are not solid gold, the price at which it is being sold includes its value as a vintage writing instrument, which exceeds its value strictly in terms of gold content alone.