President Lee Jae-myung gifted a fountain pen to U.S. President Donald Trump during the South Korea-U.S. summit on the 25th (local time), which has been confirmed to be a product of the domestic handmade brand 'JENAIL.'
According to related industries, the presidential office requested JENAIL to produce a signing pen last July. JENAIL completed it by hand over about a month and a half.
JENAIL is known for making pens that artisans handcraft from solid wood, using various materials such as rosewood and olive wood, along with natural wax. The typical retail price ranges from 80,000 to 150,000 won.
During the signing ceremony, President Lee wrote in the guestbook with a thick, brown pen. When President Trump pointed to the pen and asked, 'Did the president bring this himself?' President Lee replied, 'Yes.'
When President Trump joked, 'Are you going to take it back?' President Lee raised both hands in a gift gesture, and the pen was passed to President Trump.
Kim Yong-hyun, representative of JENAIL, explained in a media interview, 'We produced it whenever we had time and delivered it to the presidential office around the 17th of this month.'
The pen's ink cartridge was made from a commercially available Monami name pen, and the case was engraved with the Taegeuk pattern and phoenix. JENAIL has a history of producing signing pens during former President Trump's visit to South Korea and during the North-South-U.S. summit.
According to the Korea Exchange, Monami's stock price rose to the ceiling price, finishing trading at 2,575 won. During the trading session, the manufacturer of the fountain pen given to President Trump was not yet known. It is presumed that stock investors speculated that the manufacturer of this fountain pen was the well-known domestic stationery maker Monami and purchased the stocks.