For your consideration is a very rare Peerless BiMetal Model No.1 fly reel. This is a 2 3/4" diameter with a 1 5/16" frame width weighing 4.2 oz. for lines up to DT 4 plus backing. Fixed drag. This is set for RHW and is interchangeable.
There were 100 gold Peerless reels with black side plates produced for the Japanese market. Two were produced for a US customer. I have not been able to get a consistent figure on how many of the BiMetal reels were produced. There has been estimates of somewhere between 20-50 with many saying fewer than 20. This is the only one I have seen and the only one a friend has seen in 20-years. The reel foot shows it was mounted on a rod but the owner says it was never fished. There are two small pin head marks on the rear plate by one of the screws. Otherwise in like new condition. These delightful light reels were made by Bob Corsetti. Peerless reels represent quality craftsmanship, classic styling, and solid performance.
Model: Bimetal No. 1
Frame Diameter: 2 3/4"
Frame Width: 1 5/16"
Line Capacity: Up to DT 4 plus backing.
Reel Weight: 4.2 oz.