This is certainly a color variation of this Engraving Blade Holder (original: Item 74139), with all the handle in vivid red. It can be used with the number of Tamiya Fine Engraving Blades and Needle.
• Engraving Blade Holder (Red) x1
• Length: 126mm, diameter: 6mm.
• Made from lightweight, durable aluminum, with a knurled hold area for error-free crafting. The chuck consists of nickel-plated metal.
• The holder’s slimline kind permits that it is held like a pen.
• Blade insertion and elimination is easy – simply lightly pinch the chuck and turn the handle.
• Comes with a protective cap that also stops the holder from rolling away.
• appropriate for Fine Engraving Blades (Things 74135-38, 74145), Needle (product 74148) and Design Knife Blades (Item 74074).