Payne Model 202 Fly Rod 8' 3/2 #5 7' The butt cap stamp reads

The butt cap stamp reads "HL Leonard Rod Co / The Rod Maker / Since 1869"

Very good condition except for one snake at the top of the butt needs a re- wrap

The rod is in excellent+ original condition throughout

25" diameter and 1

For sale here is a Hardy Perfect 1912 Limited Edition Leather Multi-Reel case with slots for size 3 3/4"

Payne Model 202 Fly Rod 8' 3/2 #5 7' The butt cap stamp readsA stunning Payne Model 202 bamboo fly rod, 8', 3 piece, 2 tip, and built for #5 line. 4. 3 ounces. A mid to late 1950's model with the "Sold by Abercrombie and Fitch" designation. This rod is in uncast, mint original condition with the paper and gum strips still on the grip. I doubt there are more than a dozen Paynes out there in the world, with the paper on the grip like this, and how many of them would be 202's? Typical Payne node spacing and the