Luxury goods manufacturer Montblanc will be launching a limited edition pen worth more than Dh1 million ($272,294) on November 15.

The pen titled “Prince Rainier III Limited Edition 81” will be launched in Monaco at a VIP charity gala in homage to Prince Rainier III of Monaco, the company said in a statement.

The artistically skeletonised fountain-pen is limited to only 81 pieces. The pen is made of white gold and superbly studded with diamonds and rubies totaling more than 8 carats. Half of the sales revenue from the writing jewel, which is worth Dh1,063,577 will be given to the “Foundation Princess Grace” to continue the cultural commitment lived by Prince Rainier III, said the company.

The pen is dedicated to Prince Rainier III from the House of Grimaldi who stood at the head of the smallest monarchy in the world. He died in 2005 at the age of 81, but with exceptional commitment he had made a name for himself as builder, patron and influential politician.

Through his marriage to the American Hollywood actress Grace Kelly, the Principality on the Côte d'Azur became a place of glitter and glamour. But it was only thanks to Prince Rainier’s skill and his foundations for promoting talented artists from theatre, film and ballet that a first-class international cultural life established itself in Monaco.

Created to honour a prince who achieved great things for a small country, the precious Prince Rainier III Limited Edition 81 reflects the noble tradition of Monaco. The artistically skeletonised fountain-pen of 18-carat white gold is decorated with diamonds and ruby-studded lozenges totaling more than 8 carats in imitation of the red-white lozenges on the shield of the Grimaldi coat of arms.

Nine hundred and ninety-six diamonds cut with facets and 92 rubies form a fine network through which can be seen the inner workings of the writing instrument. 19 more rubies, measuring 4.4 x 2.5 mm, surround the clip ring on the cap, crowned by a Montblanc star of mother of pearl. Other pieces of real jewellery artistry are the 18-carat gold nib, set with two rubies and finely engraved, and the superbly crafted clip, which is adorned with a small crown derived from Prince Rainier’s signet, the company said.

The outstanding writing jewel worth Dh1,063,577 will be presented for the first time during the gala evening in Monaco, but only a few connoisseurs and admirers of noble writing instruments will be able to buy one for themselves, as the Edition is limited to only 81 pieces worldwide - in honor of the age reached by the sovereign.

During his life, Prince Rainier III of Monaco acted as an outstanding social and cultural patron and the Prince Rainier III Limited Edition 81, which is dedicated to him, continues this tradition. And so 51 percent of the sales revenue of each of the precious pens will go to the “Foundation Princess Grace".

The Foundation was started by Princess Grace in 1964 and serves cultural and humanitarian tasks such as the continuation of the Academy of Classical Dance and of the Princess Grace Irish Library, the awarding of scholarships to young talents of the Rainier III Academy of Music and wide-ranging medical charity projects for children. – TradeArabia News Service