Best Method to Remove Mole Size of Pencil Eraser on Right Side of Nostril? (photo)

I would recommend that you consider a shave excision for the mole on your nostril.  The procedure can be done within a few minutes.  

Although removing moles by any method from the face is likely to leave a small scar, scalpel sculpting, which involves no deep cutting or stitches has, in my experience, proven quite successful for achieving gratifying aesthetic results while leaving little, or often barely perceptible, scars anywhere, including the nose.

The technique, which I have been using for thirty years, involves "scultping the mole" off from the surrounding skin in a tangential fashion (i.e. not cutting deeply into the skin). Deep cutting will inevitably result in a scar, while superficial (horizontal) removal in this fashion largely avoids this. Elliptical and fusiform simply describe the resulting shape of a wound excision after cutting them out deeply and before the placement of the sutures.

 

Following scalpel sculpting, the borders of the mole can then be smoothed and blended with the surrounding normal skin by "dermaplaning," a technique by which the edge of the scalpel is used to delicately abrade the skin. Properly done, the entire procedure, performed under local anesthesia, takes no more than three to five minutes. Perfectly flat moles (beauty marks, birth marks) can be elevated a tad with the local anesthetic and then more easily scalpel sculpted away and shaped to the contour of the surrounding skin.

NO MOLE SHOULD BE BURNED OFF, CHEMICALLY PEELED, LASERED OFF, or removed by any other destructive modality as none of these methods permits sending a specimen to the lab to confirm that the mole is entirely benign. Anyone experienced with taking off moles knows that every now and again a mole removed for purely aesthetic reasons may surprise you and come back atypical. 

I would agree with Dr. Schwartz. A shave removal will give a nice result, and allow the piece to be sent to a lab for proper examination. True moles cannot be removed with IPL.