Today I'd like to show a figural mechanical pencil presenting the Budda in his classic sitting position. The piece was produced by the Leroy Fairchild Company of New York, New York. Circa 1880, give or take a couple years.. The pencil mechanism is deployed by pulling the ring away from the body. This action simultaneously induces an outward push of the tip section to the writing position. Magic pencil is the descriptive name for instruments of this type. The pencil is of all metal construction. Lengths without the top ring unit are 1 1/8 inches closed and 2 1/8 inches extended