Great minds run in the same very small circles – I had bid on this item in an online auction probably five years earlier, not knowing anything about "Seth Crocker" but just because I liked the name . . .
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I think that "weird" clip is pretty clever. It looks as if it would be retracted into a flush position in the side of the cap unless the cap were fully seated over the nib. It does, though, seem to require a rather odd looking knob on the end of the barrel to hold it in the retracted position when the cap is posted.
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