Step 1: Purchase a 4x4 block of wood. I purchased mine at Home Depot. Now, the entire 8' block will run you just under $10, but since I only needed about 4 feet, I looked through the Home Depot stack for a block with half of it damaged. Home Depot gave me a 70% discount since the majority of the wood was unusable for most projects. For me, it was perfect. I paid just over $3 for the wood and then just cut off the damaged portion.
Step 2 and 3: Use power tools to shape the wood to look like a pencil. My husband did this for me using a reciprocating saw and a belt sander. I forgot to take photos as he did it, but you can imagine the cutting needed to make the block pencil shaped. Next, I painted the wood a golden color. I used paint I already had and mixed yellow with orange until I matched the designed pencil color.
Step 4: I used pink to paint the eraser part of the pencil. Don't worry about painting all the way to the yellow because that part will be covered.
Step 5: I used my Cricut machine to create a stencil with blue painter's tape for the #2 portion.
Then I painted it black. Once it dried slightly, I pealed the painter's tape off and then touched up any areas.
Step 6: Paint the tip of the pencil black. I left the wood part unpainted to keep the wood look.
Step 7: Use foil tape (a Home Depot purchase) to wrap around the pencil under the eraser to match the metal look of a real No. 2 pencil.
That's it! I put the the finished pencil on my table with a ruler table runner I made out of cardstock.