This is an exceedingly rare premium available from Popular Publications the publisher of Spider Magazine as well as to movie theater exhibitors as an incentive to those attending the first showing of "The Spider Returns" a 1941 Columbia movie serial. Obviously few exhibitors took advantage of the offered pencil which is described in the movie's press book as this is an exceedingly rare premium and, in fact, this is the only example known to us. The press book text says the pencil was available in "Mixed Colors" and that it contains "A Small Rubber Stamp Of The Spider's Mark In The Top Section!" In this case the pencil is deep blue with silver luster metal parts and a black plastic pull-off end cap. The pencil is 5" long and includes a pocket clip. The pencil is in working condition. When the plastic end cap is removed revealed is a .25" tall by .25" dia. rubber eraser with an image of a spider on its top flat surface. Exc. Rarely seen or offered.