In 1983, Pelikan introduced M481, an economy model of M400. The model was produced until 1985. In the same year, M200 was introduced. M200 can be seen as a successor to M481⁽¹⁾. Although M481 was characterized by the absence of a Pelikan logo on the cap top, M200 now had it like M400. M400 and M481 had a single ring on the cap tube, while M200 had two rings. Except for the name of the country (W.-Germany→Germany), the specifications were changed for the first time in 1997: a ring was added to the turning knob and the cap tube had 9nly one ring. The Pelikan logo before 1997 had two chicks and was engraved, after 1997 the logo was embedded⁽¹⁾. Another specification change was made in 2003: there is only one chick left in the nest and nib (Pelikan-collectibles.com). M200 is still in production and has been the basis for many derivative models, as shown on Pelikan-collectibles.com.

Note;⁽¹⁾According to 万年筆評価の部屋, the new Pelikan logo is embedded rather than printed on the cap top, so it will not disappear even if the logo is scraped off (don't do it).