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Professor, You're BALLLIINNNN' Out Of Control
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Topic: Professor, You're BALLLIINNNN' Out Of Control (Read 71 times)
mrtonguetwista
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Professor, You're BALLLIINNNN' Out Of Control
«
on:
November 09, 2006, 06:34:18 PM »
CHARLESTON, S.C. (AP) -
A pocket protector would be pointless for this diamond-encrusted, $170,000 fountain pen that will never be used. ``You do not put ink in that pen. It's like owning a Ferrari that you don't want to drive,'' said owner Al Parrish, a Charleston Southern University professor.
The pen, one of only three in the world, was on display at the Charleston Mountblanc store along with others from Parish's $1.2 million collection. They recently arrived in an armored car accompanied by security guards.
``It's just a spectacular piece of artwork,'' said Parrish, who teaches economics at the university.
The pen is the ``Montblanc Solitaire Mountain Massif Skeleton'' and was created in honor of the 100th anniversary of the Swiss company. It's 1,400 white and blue diamonds are arranged to depict the Mount Blanc mountains and the pen is topped with a 43-facet star-cut diamond.
The buyers of the three handcrafted pens were chosen from among 60 collectors worldwide in a lottery, said Jan-Patrick Schmitz, chief executive and president of Montblanc North America.
He said the company sought pen aficionados like Parish who collect rather than sell them for a quick profit.
The writing instrument will join Parish's collection of about 150 other Montblanc pens. Others are also limited editions, such as ``The Black Widow,'' which features an intricate spider web design.
The pens are attractive to investors because they quickly appreciate in value.
``They rise in value much faster than the stock market,'' Parish said, adding his new pen could fetch as much as $250,000 at an online auction site.
But the pens can't be converted into cash as quickly as stocks, said Parrish, who plans to pass his collection along to his children.
``You don't really own it,'' he said. ``You're just keeping it for one generation.''
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da flayboyant 2
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Re: Professor, You're BALLLIINNNN' Out Of Control
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Reply #1 on:
November 09, 2006, 08:04:24 PM »
damn, i shoulda become a professor. grant money at work.
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Professor, You're BALLLIINNNN' Out Of Control
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