YOU ARE LOOKING AT A PENN SQUIDDER FISHING REEL THAT HAS BEEN CLEANED, OILED AND GREASED.
ALL THE PARTS WORK GREAT. VERY LITTLE WEAR AS YOU CAN SEE.
THERE IS A CHIP ON THE BAKELITE. THERE IS A PICTURE OF THIS. IT IS COSMETIC AND WILL NOT INTERFERE WITH THE USE OF THE REEL, BUT YOU SHOULD KNOW IT IS THERE.
RINSE THIS REEL OFF WITH FRESH WATER AFTER USE AND IT SHOULD LAST A LIFETIME.