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Serial #020
Original bag and tube
and a western style grip with a tiny amount of hand soiling
Attractively styled cigar grip slopes back to “Catskill” style reel seat lip
Downlocking screw lock hardware with a walnut insert
Payne 204 Fly Rod 8'6" 3/2 #5 AL Walker Serial #020Payne 204 8 1 2' 3pc 2 tip, one tip is 3 3 4" short. All other sections are full length. Refinished, but a very professional job. Ferrules date from the '20's or '30's as they are the "pot belly" type seen on older Payne and Leonard rods (I love the sculptural touches found on these early catskill tradition rods). Wraps are brown with yellow edges and purple accents at the male ferrules. Blunt cigar grip with a thin band of lignum vitae ( a tropical