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The agate line guide is free of cracks but the n/s bezel has a hairline crack that doesn't extend all the way through
I will quote Marty here since he says it as well as anyone could: "Rarely seen in any condition are EF Payne rods
Nickel silver foot
Original Hardy pouch with instructions
agate stripper
Joe Saracione Pre-Deluxe II 3 1/4" Narrow Fly Reel EF Payne Rod Company The agate line guide isFor sale here is a stunning limited edition 3 1 4" narrow drum fly reel handmade by Joe Saracione. These reels preceded the introduction of the Deluxe II models and there were only 10 of each reels made, originally offered as narrow and wide drum sets of three. The sizes in these sets were 2 3 4", 3", and 3 1 4". Unused condition. Right hand retrieve but can be converted to left by Joe. Serial #005. These fine bench made reels have nickel silver rings
US$ 1999.50
US$ 1999.50
US$ 142.50