Dingley Fly Reel 4 1/2" - Caged Spool - Alex Martin 8'6" the extra tip has a

the extra tip has a possible issue above the second guide from the bottom (this may just be a heavy watermark)

Comes with original bag and labeled tube with canvas-like outer protective cover

For sale here is a handcrafted leather reel case by Annie Margarita - "Emerger"

Also comes with a canvas tube cover

Morgan/Brackett era

Dingley Fly Reel 4 1/2" - Caged Spool - Alex Martin 8'6" the extra tip has aFor sale here is a 1920's vintage 4 1 2" caged spool fly reel made by WH Dingley for retailer Alex Martin. This highly sought after brass pin caged reel has an adjustable caliper check, the flat spring of which has been replaced at some point. Due to this repair, the tensioner (with nice strap feature) has to be tightened all of the way in order for the pawl to engage the teeth of the gear cog. It is adequately strong at that setting though. Stamped