For sale here is a Peerless 1 1/2 fly reel and spare spool in excellent+ condition. The reel is set up for right hand retrieve but can be switched to left. Designed for a 4 or 5 weight line. 3" diameter. The reel weighs ~ 5 oz. The reel's line capacity is a DT5 plus 30 yards of backing. Includes the original Peerless reel cases.
Mr. Corsetti is no longer producing Peerless reels, so don't let this one get away!