I brought the dresser into a room with yellowish beige walls....and it still looks black. But, Graphite is not black. I pulled some images off of Pinterest of Annie Sloan Graphite and here you can really see the differences. This first piece looks more gray or "lead" like.
With silver accents, I see more grey. Look at the legs where the light hits it. Grey.
These headboards from the "Rustic Pig" really show the Graphite as more gray than black - right?
I'm working on a piece this week in Graphite and I'll show you how different lighting can really change this color from somewhere in between gray and black. If you are looking for black and choose to use graphite beware.
I would recommend visiting your Annie Sloan stockiest before you choose Graphite. You will want to see this in different lighting before you start your piece.