Although model Signum was discontinued in 1988, market research showed that a number of consumers still wished a slim metal bodied writing instruments (Pelikan Schreibgeräte).

In 1992, Pelikan introduced a slim metal-bodied fountain pen that reflected the tastes of the time (Pelikan: Ein Unternehmen schreibt Geschichte). The model was named New Classic. As you can see from the nibs and clips, this model was intended to be a classic style: The nib was made in the classic full-open nib, as was seen in the Souverän M400⁽¹⁾. The narrow tapered clip shape also resembled the M400 and was reminiscent of the head and beak of a pelican. On the other hand, the New Classic, like the Signum, had a very elongated cylindrical shape and a slightly modern appearance compared to the Souverän series of the same period.

All the versions had a black grip section like the Signum series. In the high-end lines above the P380 (the versions with gold nib), the bodies had an extra ring on the cap and the barrel end, and its cap top was engraved with the Pelikan logo, as was the M800. 

It should be noted that Pelikan adopted a new converter (it is unclear to me what this converter is called) from the New Classic series. This new converter can be used with the Signum and P series, but it is loose and tends to leak ink.

This model was not as successful as Pelikan had hoped with all their efforts. The New Classic was discontinued after a short period of time.

Note;⁽¹⁾Different from M400, the newly designed feed had a single groove running down the center. It is unclear whether this is for the air channel or for the feed fixation. The nib and the feed were friction fit.