Step one:

Create a new layer-set and name it Pencil.

In a new layer, draw a #B2B2B2 slanted line using the line tool with weight of 16px. When drawing line hold down shift for a straight line.

Add the following layer styles: Color Overlay, Gradient Overlay.



Step two:

In a new layer, draw a #CD8DB7 line. This will render into an eraser when you add the layer styles settings.

Add the following layer styles: Drop Shadow, Inner Shadow,Gradient Overlay.