This is a new and unused mechanical pen and pencil set in original velvet lined case, within a gift box. This set was received in 1998 as a 5 year service/anniversary award from CONSOLIDATED FREIGHTWAYS, and has the initials "KEW" engraved on the side of each item. The engraving was done at Jostens and is very thin and feint. Honestly, I put them away in a drawer (in 1998) and didn't even notice the initials until I pulled them out just a few weeks ago.