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Not really. Recently I watched some youtube reviews of comparing expensive brands with their knock off which some Chinese companies sell either on Wish or Aliexpress and they came quite close to originals as a result. I think for 4-5 dollars you can find a decent one. I will recommend you checking few videos, so you can see also how it goes as a medium and if it will even work out and suit your preference and style
In regards to ink I haven't researched much, but there are all sorts of colors, metallic inks, neon ones, with sparkles xd I myself have only white india ink for adding highlights to my drawings.

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