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The Pilot Capless or Vanishing Point fountain pen by Pilot is the worlds first and favorite retractable fountain pen. Pilot Capless fountain pen comes with a retractable 18k gold nib. The Pilot Capless is the most sought after pen which comes handy for writing with its retractable nib feature. The Pilot Capless is a well designed click type fountain pen and is a pleasure to write with. A hidden trap door helps keep the nib from drying out when not in use. The 18K Gold nib provides an elegant writing experience & the durable design makes it a perfect everyday carry companion.