Found new owner
A pipe of the second Charatan's higher grade next to the highest "Supreme". It seems the pipe was made before 1960 - the shape number is located together with the nomenclature on the left side of the shank like it was on "family era" pipes. The encircled "L" is not a misunderstanding - Charartan's factory started to export pipes to USA for the Lane LTD back in 1950s. A moderately smoked sample of a very stylish "cutty" shape - both a tribute to old good English clay pipes and a symbol of the succession of this tradition.
The pipe markings are "CHARATAN'S MAKE \ LONDON. ENGLAND \ SELECTED", "86", "L". The length is 15.0 cm (5.9"), bowl's height is 5.2 cm (2.05"). External diameter of the bowl is 3.3 cm (1.3"), internal diameter is 1.7 cm (0.67"). The depth is 4.4 cm (1.73") and this pipe weights 31 gr. Briar, vulcanite stem, no filter.