Friday, 13th August 2004 (3058 views)

Even if a consumer's writing skills are not up to scratch they can ensure their writing tool looks the part with the latest use for gold in pens.

A whole host of fountain pens are available on the market ranging from Swarovski's $1,500 18-carat gold-nibbed pen to Montblanc's $175,000 Solitaire Royal made with yellow gold and hand set diamonds.

Unsurprisingly the majority of the more expensive pens are bought and saved for their value rather than actually being used to write.

Wayne Kingsland, the owner of the Toronto Montblanc boutique told The Globe and Mail: "I know clients who will buy two of a particular pen style, one for everyday use and one for storage. The one that is put away accrues value and can be sold at a much higher price. It's a self-liquidating hobby."

However other consumers choose to go vintage to create a more unique look, with a number of Parker and Waterman pens produced in Canada in the past there are a number of options, including a 1908 pen with a raised leaf overlay of 14 carat gold costing $5,300.

New markets for the pens are emerging all the time, with a number of businessmen now purchasing the golden instruments for business deals using the pen which signs the documents as "a memento" of the deal.

 

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