Lee Kuan Yew’s Montblanc pen sells for US$360,000 in Singapore auction

A silver Montblanc fountain pen owned by Singapore’s first prime minister Lee Kuan Yew has sold for S$461,500 (US$360,000), nearly 10 times its highest estimate, after drawing 111 bids at an auction.
Singapore auction house Hotlotz said the sterling silver Montblanc Meisterstuck No 146 fountain pen, engraved with “SM Lee Kuan Yew”, sold on Sunday at its “Interiors & Collectibles – August, Fine Art Focus” online auction.
The pen had a presale valuation of S$30,000 to S$50,000, with bidding...