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I believe this model is from the late 1940s or early 1950s
the butt cap features the Hardy stamp
It also comes in an original blue fleece bag with a red drawstring
Reel is tight as can be and without fault
The Waterworks ULA Purist fly reels are among the lightest machined reels in the world today
Payne Model 204 Bamboo Rod - early Jim Payne 8'6" 3/2 #5 8'1" I believe this model isFor sale here is a wonderful and rare Jim Payne rod from circa 1920 a model 204 that appears all original with full length sections. Its sister rod, "The Babe Ruth Rod" is on display at the American Museum of Fly Fishing in Vermont. A similar rod can also be found on page 57 of Marty Keane's book. The rod is in excellent condition with the only issue being some "alligatoring" of the varnish in places, certainly nothing I would be concerned about. The