To celebrate their 125th Anniversary, Smythson is offering two new limited edition Panama notebooks—the iconic design first introduced by Frank Smythson in 1908. Available in navy or Nile blue leather, the handbag-sized pieces feature one of two gold-stamped mottos in Smythson’s own calligraphy: “Useful to all, invaluable to most” or, most fittingly for these notebooks, “Charming in appearance, useful in character.”