Abstract: A cosmetic pencil and sharpener comprises a cap and pencil portion having a sharpened head on a first end portion, an elongated body and a second end portion. The cap includes a recess at one end to engage and cover the pencil head, an intermediate portion and a second closed end portion. The intermediate portion includes a raised angular section located adjacent a longitudinal slot in the cap wall. A blade is mounted to the angular section and extends downwardly into the slot. Rotation of the pencil sharpens the head against the blade while shavings drop outwardly from the slot.