I recently acquired this BP as it was something I have never seen before. It is a goldplated BP 75 in a smooth finish that was made in Canada. The finish is excellent and it appears to bear a striking resemblance to the Presidential 75 BP except for that unusual barrel taper.
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The tassie is indented but without the circular aluminum disc.
This taper makes the BP look unlike any other 75 BP I have seen. It starts about an inch away from the point, much closer and thus less gradual than other BPs.
Here are a few comparison photos with other 75 BPs.
The smooth goldplated BP apparently was made available with a mechanical pencil as these photos illustrate. The MP version is the bottom one in the photo and its point sticks out farther than a BP. I recognize this is using the pencil cartridge which was readily available at the time, and is an alternative to the typical BP refill.