This vintage Penn functions perfectly, reels easily, has smooth drag and is ready to go fishing. It’s in decent cosmetic condition for the age, but not a collectible. This is fine for me, as it’s meant to be hauled in a boat and not set on a shelf. However I’ve decided to downsize my arsenal a bit, so I’m letting this one go somewhere it can get back to catching fish versus gathering dust. Thanks for looking and please let me know if you have any questions.