Another old fishing reel.
The parts are in need of oil in a major way.
All in all its middle of the road on condition. It has scratches and dents that you would expect from a 50 or 60 year old reel that saw heavy use.
Beacuse its a Penn and made in USA when we made good stuff, its very well made inside. It has a full TWO, sealed roller bearings
The drag washers are 1/16 solid brass and asbestos or some such fiber.
The main gears are perfectly machined billet stainless.
They are just such a great and simple work of functional art inside. I love it.