It features 24K gold leaf applied over oak embedded in resin and trimmed with 24K gold-plated fillings. Just as with last year's pen, I'll have to admire this one from a distance. It lists for $4695.
Here's some of what the current Fahrney's catalog has to say about it:
Scarcely any other wood expresses such an enigmatic beauty as ancient wetland oak. The sought-after and extremely rare pieces of wood have been buried for as many as 8,000 years in German bogs and marshes. A sensitive and masterly touch is demanded if the gold leaf is to mold perfectly to the grain of the oak.
The gold leaves are applied by hand using a fine squirrel-hair brush in a technique that dates back to the Egyptians. Such extraordinary craft demands particular artistry and skill and is mastered today by only a select few. Layer upon layer of 24K gold leaf is applied to the pen barrel in an intricate and detailed process and embedded in resin. This reveals a unique pattern of reflections that only the purest gold can produce.
Each individually numbered Graf Von Faber-Castell 2012 Pen of the Year pen holds an 18K gold, bi-color nib and is accented with 24K gold-plated fittings. The masterpiece is crowned by a chessboard-faceted citrine gemstone set in the cap. A certificate, signed personally by the gilder, attests to the authenticity of the 24K leaf gilding and the 1,700 year old German oak.