Payne 202 Bamboo Fly Rod 8' 3/2 #3/4 7'6" and the crankplate has three

and the crankplate has three medallions while the faceplate has the drag adjuster dial with eleven drag settings

The rod packs into a green cloth bag with a stiffener and a frost coated aluminum tube with a brass bottom and top (though no collar as the threads have been directly cut into the tube)

This one has been very lightly used with a bit of almost imperceptible scuffing to the rim

Numbered #46/150 this reel was part of a limited series developed in the late 1990's

The rod features lovely moderately tempered cane with green (similar to Granger green) wraps and black tipping

Payne 202 Bamboo Fly Rod 8' 3/2 #3/4 7'6" and the crankplate has threeAn EF Payne model 202 bamboo fly rod, 8', 3 piece, 2 tip, and built for a #3 or #4 line. The rod weighs 4. 1 ounces on my scale. This is an older Payne that has been refinished, with the older die stamp on the butt cap, agate stripper, and very fine tips with agate tip tops. Medium slow full flexing action. Light flamed cane with brown main wraps with yellow edges on all, fore and aft at the keeper, male ferrules, and tip tops. It has additional wraps