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I apologize for the poor quality of my photos. (best I can do)
My step-grandfather was an architect. A clue to what this item is?
The pointy end that slides out of the body is hollow, much like a mechanical pencil you see today. A yellowish gem / glass is on one end. What am I??? The centre ring slides down the body, bringing the hollow point out.
chatalaine pencil prob gold most likely 9 kt you d slide the lead into and down the slot
Yellowish gem might be amber or citrine or glass. In order for it to be used or carried on a chatelaine it would have to have an eyelet or ring. They are made for desktops too. A chatelaine is a type of necklace worn around a ladies' waist on which personal tools or toiletries are carried. Circa 19th century. If it's not marked gold then you shouldn't assume it is.
Tom no assumption that this is def gold but in my experience of having about two dozen and selling many others they were often 9 kt gold or gold filled. Also I collect chatelaine pieces and have several pencils with a sorta loop that they slid through for easy removable from the belt. I would bet we are both right depending on the piece.
I was told propelling pencil, which when googled brought up many tiny pencils like this.
Thank you for your replies!