Payne Model 204 Bamboo Rod - early Jim Payne 8'6" 3/2 #5 Vintage Fly Tackle. 6'6" The moisture cap has unfortunately

The moisture cap has unfortunately gone missing on the male ferrule of the mid section

3 3/4" diameter and an inner spool width of 1

Cinnamon colored silk wraps tipped in black

thus the price premium

Ivorine handle spins freely

Payne Model 204 Bamboo Rod - early Jim Payne 8'6" 3/2 #5 Vintage Fly Tackle. 6'6" The moisture cap has unfortunatelyFor sale here is a wonderful and rare Jim Payne rod from circa 1920 a model 204 that appears all original with full length sections. Its sister rod, "The Babe Ruth Rod" is on display at the American Museum of Fly Fishing in Vermont. A similar rod can also be found on page 57 of Marty Keane's book. The rod is in excellent condition with the only issue being some "alligatoring" of the varnish in places, certainly nothing I would be concerned about. The