On page 102, fram 9 of The Catalogue, I've pictured what I call "Later Mastercraft style pencils:
Notice how closely the bottom example resembles the Mastercraft I discussed a couple days ago?
I'm not sure whether these were produced as a different, lower product line contemporaneously with the Mastercraft series, or whether they were a later and lower quality version of the Mastercraft line. Recently, I've found a couple more of these:
These are differentiated from the Mastercraft line in a couple respects. First, notice the clips, which have a unique design that looks a little cheaper than the Mastercrafts:
The rivets on top are plain, while the Mastercrafts are ribbed with concentric rings:
While both of these features point towards a lesser quality product, the center bands on these are really interesting, with little rectangular deco windows:
For a cheaper model, they put a lot of time into designing these!