Payne 204 Fly Rod 8'6" 3/2 #5 9' The fighting butt itself is

The fighting butt itself is 4 1/2" in length when inserted into the bottom of the rod

Never a line has touched this reel

Medium full-flexing action

Roller die stamped on cap

Payne 204 Fly Rod 8'6" 3/2 #5 9' The fighting butt itself isA nice Payne 204, 8'6" 3 piece and 2 tip for a #5 line. Good original condition. Shows signs of light use, i. e., some brassing of oxidation and some bag imprint, but the varnish is not gummy. All sections are full length with tight fitting ferrules. Wrapped brown with black edges. Agate stripper. Spanish cedar slide band seat. Butt cap stamped "E. F. Payne" and on the reverse, "Sold by H&D Folsom Arms Co, E. F. Payne Rod Co New York, Makers".