Robert Belcher Antiques has dated this piece to the 1890s.
The pencil appears to be original. On the opposite end, there is a ring for mounting onto a watch or neck chain.

This lovely example is very pleasing and tactile to hold and use. It is in excellent original condition with very little signs of use.
Sizes open: Height 1cm x width 11cm x depth 1cm
Sizes closed: Height 1cm x width 7cm x depth 1cm
English, circa 1890
Robert Belcher Antiques has dated this piece to the 1890s.
Robert belcher antiques was established in 1984 and is a high quality retailer of interesting, rare antiques and decorative items.
You can view the stock and full dealer information on the Robert Belcher Antiques Profile Page