This is a rejected pattern. I know that as far as pencils (even half pencils) go, he looks rather happy, and not rejected at all, but that's not the case. I drew this up as a potential pattern for the Pattern of the Month Club January pattern set, but it didn't make the cut.
I still rather like him though, and thought you might too. So here's half a pencil for you. Oh, that sounds terrible. Here's an entire pencil, which fades away so you can only see half. Yeah, that sounds better.
Oh, who am I kidding? Apparently I've lost the ability to name things. So, here's the deal. You'll just have to come up with some suggestions and leave them here in the comments. And if you choose to stitch up this soon-to-be-named pencil, be sure to add your pictures to the Flickr group!
Download the pattern here.