What's the main problem with pencils? The need to constantly sharpen them. Which is where the Graf von Faber-Castell Perfect Pencil ($260) excels. This premium pencil — made from Californian cedar — comes complete with a silver, platinum, or Sterling Silver-plated extender that also serves as a sharpener and a cap — complete with clip — for those times when you need to throw your pencil in your pocket and go. Sure, it's expensive, but who ever said perfection was cheap?