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The varnish is original and showing some signs of age
Ferrules are tight and clean and the rod is straight
As the creator of the "Rat" series
this copy part of the limited-run published as the Flyfisher’s Classic Library
Peerless 3A Fly Reel Gary Howells The varnish is original andA nice Peerless 3A fly reel, RHW with an adjustable drag. Lightly used with a bit of rim rash but otherwise in great condition. Heavy trout reel or can be used for light salmon or steelhead fishing. I personally like these for salmon fishing as the light weight and good drag work well with the small salmon rods I like to use on the Gaspe and in Nova Scotia. Silver crank, rim, and foot. Black side plates. The reel has a white colored line with backing