How to make your old pencil look like new:Step 1: Cut a piece of paper (gift wrap paper, patterned paper or paper from magazine pages) that is as long as the pencil and wide enough to reach around it.
Step 2: Apply plenty of glue on the paper and take some extra glue around the edges.
Step 3: Roll up the paper around the pencil. Be sure to glue the paper properly on your pencil, so that you can sharpen your pencil afterwards.
Why don't you freshen up your old pencils by covering them with some nice paper? It makes writing more fun. :)