A few people make one from teak once in a while. Teak is a beautiful wood when used in furniture and molding. But generally</u>, in pens, it is a none eventful wood. Holly, bloodwood and black woods (and a few other solid color woods occasionally) look beautiful for their color, but for some reason, the color of teak and uneventfulness of the grain (usually plain grained) doesn't give a pen any pronounced character.
If the teak is from something of sentimental or historical value, of course it gives special meaning. But as a wood by itself, it generally does not appear as a special pen that most people would pick out of a group of pens from many other woods. However, there is always the one person in 20 or 30 that will value teak.