When I started at McKinsey, the Pentel P205
I experimented with various much more expensive pencils only to discover that these are actually pieces of jewelry rather than sketching instruments. Beautiful to look at, but not very useful. Check out the site of Joon Pens in New York to see some examples.
Recently I discovered Lamy pencils as the perfect in-between. Two pencils are my favorite. First there is the classic Lamy 2000
I use a 0.7mm pencil for regular writing. But when it comes to sketching a wider pencil is much better. The Lamy Scribble
comes in a version with a 3.15mm fill. It has a very nice grip and is beautiful to let your creativity go.
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