For your consideration is a Peerless Model 77. The diameter is 2 3/4" and weighs 4.7 oz. Currently set for LHW, easily converted to RHW. The raised pillar 7 Series was produced in limited production.
The 77 is a good choice for up to line weight 3. These delightful light reels were made by Bob Corsetti and are no longer produced. The reel foot shows signs of having been mounted on a rod. The front and back plates are free of scratches. There's a couple of inconsequential marks on the back rim which I did not notice until seeing the reel large in the photos. Peerless reels represent quality craftsmanship, classic styling, and solid performance. Includes original leather case and box.
Frame Diameter: 2 1/2"
Line Capacity: 3 weight
Reel Weight: 4.2 oz.