That's not a fair question, really, because the difference isn't visible from this angle. Here's a shot of the tops . . .
NOTE: This article is now included in the print version of The Leadhead's Pencil Blog, available anywhere you buy books, or also from The Legendary Lead Company.
To order, here's the link: Volume 1 at Legendary Lead Company
By all evidence, the drilled Gold Seals were for the closeout of old stock at the end of the '30s (I believe a sale flyer documenting this was published in the 1980s in the Pen Fancier's Magazine). So it wasn't that Wahl-Eversharp was offering the same items at the same time in two versions, one with guarantee and the other without.
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