For your consideration is this vintage fly fishing reel, made by Perrine Manufacturing Co. in Minneapolis, Minn. during the 1950's, and possibly as early as 1947. This is the PEMCO No. 55 Automatic. It has line on the spool, with a monofilament leader. Everything seems almost new, it's that clean. Look over my photos to verify my claims. Ask any questions you may have. Shipping via USPS Ground Advantage will cost $6.00. Thanks for taking a look. FYI-I was advised to not open this reel unless I knew what to expect. Apparently, the spring mechanism can come apart, if you don't know what you're doing. Therefore, this reel is being sold with no return.