Offering an Orvis Hydros IV flyreel PROJECT. Reel retrieves smoothly but Drag adjust knob is frozen. Drag does not work. Looks like shaft on that side is bent. The 2 parts of reel do not lock in place. This reel will need the attention of a qualified tech to be a serviceable reel. Be aware of this. At worst you have some good parts and a good spool of line. Be aware of overall condition and what will be required to fix it. SOLD AS IS, good luck.