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In my hunt for Phileas fountain pen bargains, I naturally glance through eBay occasionally. The number of $199 price tags on black Phileas pens tell me that the sellers are feeling bullish (optimistic) about the price of that model. FP experts might call this irrational overpricing, but the buyers have the final vote on what the pen is really worth. Phileas "Kultur" pens are an inexpensive version of the more costly Phileas. They lack the gold-plating and have no hefty brass tube inside the handle. The Kultur models have a slightly different tip on their cap, but appear to be cast from the same mold as a conventional Phileas. Every Kultur I have seen is made of transparent—and often colorfully tinted—plastic instead of the Phileas' signature opaque colors. I prefer Phileas, but I notice the Kultur have been selling for $20-40 lately. This morning, I came across this listing on eBay http://www.ebay.com/itm/WATERMAN-PHILEAS-TRANS-BLUE-DEMONSTRATOR-FOUNT-PEN-MED-/130484388789?pt=LH_DefaultDomain_0&hash=item1e6179c3b5 See anything missing? The photo shows a transparent blue pen with no gold plating and no brass tube inside. Look at the name. It is called a Phileas "demonstrator"; the word "Kultur" is nowhere in sight. I myself bought a crystal clear Phileas "demonstrator" last year, thinking it would be an interesting novelty. Only later did I realize it is the same pen as the more colorful Kultur. I paid about $35 last year and today's pen has a "buy now" price of $67.....about what a classic used Phileas sells for. I don't know this particular seller and they would probably say I am making much ado over a simple omission. I'll grant that. But as the true Phileas pens become increasingly rare, will we see more Kulturs being presented as a full-fledge Phileas? And is that truth or truth-stretching? So what do you think? Is it fair to label such a pen as a "Phileas" without adding "Kultur"? BTW, what does "demonstrator" really mean? Is that a designation that Phileas uses? Or is it the seller's way of saying the pen has been extensively handled and perhaps used in a store?