Singapore's first PM's pen sells for $361.7K

A Montblanc silver-feather pen belonging to the first Prime Minister of Singapore, Lee Kuan Yew, was sold at auction for 461,500 Singapore dollars.

Consensus

The silver Montblanc Meisterstück No.145 pen belonging to Lee Kuan Yew was sold at an auction.
The pen was sold for 461,500 Singapore dollars, equivalent to 361,700 US dollars.
The pen was engraved with 'SM Lee Kuan Yew' and dates from the period 1990–2004.
The initial estimated value of the pen was between 30,000 and 50,000 Singapore dollars.
The pen was previously auctioned in 2003 at Sotheby's for 52,000 Singapore dollars.
The pen was used during Lee Kuan Yew's tenure as Senior Minister after his resignation as Prime Minister in 1990.
The auction attracted 111 bids.

The pen model is Montblanc Meisterstück No. 146. — vm
The pen was sold for $360,000, not $361,700. — tg_tass_agency
The pen was used during the period 1990 to 2004 when Lee Kuan Yew served as Senior Minister. — vm
The pen was previously sold at Sotheby's in 2003 for 52,000 SGD. — vm
Lee Kuan Yew served as Prime Minister from 1959 to 1990 and is considered a key architect of Singapore's economic transformation. — vm
A marker used by astronaut Buzz Aldrin during Apollo 11 was sold for $857,600 at Sotheby's in New York. — vm