Payne Model 204 Bamboo Rod - early Jim Payne 8'6" 3/2 #5 8'1" This is an extremely rare

This is an extremely rare Pre-fire model which was only offered for a couple of years in Leonard's long history

the butt cap features the Hardy stamp

Excellent mechanical condition and very good+ cosmetic condition

Stainless screws

it has been used but not abused

Payne Model 204 Bamboo Rod - early Jim Payne 8'6" 3/2 #5 8'1" This is an extremely rareFor 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