vtg A&W root beer pencil "an island of refreshment" unused

rare pencil.............not used or sharpened............it does have some defects to the printing and scuffs etc on the pencil..............still nice because so rare to find......not sure of the age.........almost looks like it has been touched up with the lighter tan paint color...cannot see top of the d or of......e & s in refreshment word have a similar issue.......has scattered chips,marks,indents where sections look touched up as well.......