Yeah, I don't think I'd pay money for that. My Dad for the most part always sharpened his pencils with his pocket knife. It was quicker and easier than trying to find a sharpener when you needed one plus he always carried a pocket knife, and a sharp one at that. Sharpening a pencil by hand was always helpful for him since he was a sign painter and that way he could get a broad pencil stroke or fine line right then and there.
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