This is an excellent example of the famous Watermans Ideal. This is the 52 set in the desirable Red Ripple. The set was made in the USA around 1925 and is in fantastic condition with a deep imprint and crisp chasing to both Pen and Pencil.
The pens have been fully restored and now work perfectly. The pen is a lever filler and is fitted with an amazing Medium flex nib.
The pen and pencil aren't an exact match, the clips are slightly different and the pattern varies between the two.