From the estate of author, fishing guru, and winner of the Buz Buszek award, Andre Puyans:
For sale here is a Payne Parabolic spinning rod in fair original condition. Seven feet in length and it weighs 5 3/8 oz. Ferrule size 15/64. The pumpkin-toned cane remains in structurally sound condition. The varnish is rough in places. The tip has a gradual casting/fishing set. All of the guides have agate rings and one has a few hairline cracks, but all are intact with no chips. The cork grip / reel seat is in fine condition, just soiled. Original rod bag. I don't know if the tube is original, but it is in very poor condition.
What's interesting about this rod is its inscriptions. As we all know 99% of Payne rods did not have anything scripted on the cane. This one states in spiral script "1946 Parabolic Spinning" and "J.A. Payne".