The 1931 Gold pen, based on the original model 111, was released in 1997 as a limited edition of 5,000 pens. The model's name is derived from its predecessor, which was initially called the Pelikan Gold. This pen features a black celluloid cap and barrel, paired with a hard rubber piston knob and section. The nib is crafted from 18-karat gold and is adorned with bands of plain stripes interspersed with a guilloche pattern. The gold barrel is stamped with “Au750 18CT PF,” and the piston knob has an arrow indicating the direction it should be turned.

The pen's furniture includes a drop clip and double cap bands, both plated in 18-karat gold. The cap displays the word “Pelikan” in an old-style font filled with green, while the numbered edition appears on the opposite side without fill. The cap top features the company's original four-chick logo, which was used until 1938. Additionally, there is a dark amber ink window located just behind the section. Completing the pen's features is an 18-karat yellow gold script nib engraved with “PF.” Unlike the original model, which used a cork, this piston mechanism employs a synthetic seal—one of the few variations from the original design.

Launch: 1997
Limitation: 500 Fountain Pens
Model: M101

The dimensions of the 1931 Gold are as follows: it measures 4.58 inches when capped, 6.18 inches when posted, has a diameter of 0.46 inches, and weighs 0.63 ounces. The ink capacity is approximately 1.25 ml.