A Peerless Model 1 1/2 fly reel, set up for LHW. 4.7 oz. 3" diameter and 13/16" spool width. In used condition with original Peerless zipper pouch. Good working condition but has rim rash on the bottom of the frame and scratches to the counterweight and oil port cap. Silver frame, spool,  serpentine handle, oil port cap, and drag selector.  The foot has a slight downward bend, should be fixable with a pair of needle-nose pliers. Peerless reels are no longer in production and prices for these reels have been rising - they remain one of the best options out there to fish a classic s-handle style reel without breaking the bank.