Orvis CFO III Limited Edition fly reel - 1977/1978 8'6' There is a rather loose

There is a rather loose ferrule on one of the tips as well as some splintering at the ferrule

The tensioner works flawlessly

The varnish has some rubs and small dings

Near mint condition with marks from the remnants of a line sticker on the inner flange

For sale here is a very fine cane rod from the bench of Luke Bannister -- 6'10" 3/2 4-5wt

Orvis CFO III Limited Edition fly reel - 1977/1978 8'6' There is a rather looseFor sale here is a Orvis CFO III Limited Edition fly reel, machined out of solid bar stock aluminum. The reel appeared in the 1977 and 1978 catalogs along with Limited Edition Orvis Classic Fly Rod with mahogany presentation chest, This limited edition model was limited to 300 reels, each numbered. The reel offered here is #255. The reel was actually priced separately in the 1978 catalog as the "Limited Edition Charles F. Orvis Reel..$95. 00", but