Vintage market of pencils vs fountain pens

So I’ve been buying some vintage fountain pens recently and they’re absurdly cheap on yahoo auctions. I thought that there would be more problems with them (nib alignment, broken bodies etc) but no, they work fabulously. Just cleaning them is enough to get most of them running. The vintage Pilot nibs are as good or better than the new ones and are way cheaper.

My question is, why are there such heavy premiums on pencils why there aren’t that many on fountain pens? Many pencils are selling at x10 the retail price back then, while fountain pens are, at most, x2, and many times x1 or x0.5 if you buy in sets.

Another way of rewording my question. Since when have there been such high premiums on mechanical pencils and would it be crazy to expect their prices to drop drastically in the future?

If I made my friends guess the most expensive item, none of them would choose the pencil

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I do not think MP prices are ever going to drop.

Right now, the entire community is being driven by two key factors:

  • Japanese students rediscovering the history of MPs and collecting them
  • Continued growth of the subreddit and Knockology

Now imagine 20 years from now, when those Japanese kids have money and a healthy dose of nostalgia.

IMO, MPs will be worth 3–4x current prices in 20 years.


Japanese kids are driving prices up for sure. It’s interesting how vintage pencils get them a ton of clout on twitter and thus make more kids want to buy them.
Also interesting how some non-pencil items (Pilot 2+1 in stainless steel, Pilot Myu) also have big premiums in the secondary market. I guess both of them are historically significant enough? I want to give Japanese kids enough credit and not assume that they just buy the pens for the clout lol.