This vintage reel is in exceptional working condition. The adjustable drag works very well and the inner workings are in great condition (see above photos). The reel spins easily and smoothly. There are some obvious cosmetic issues. A significant percentage of the original paint has worn away. Still, this reel is ready for either immediate use or would make a nice addition to any angler\'s collection.Returns are not accepted, so please be sure to review the above photos carefully. I am happy to answer any questions, also. Item ships USPS Priority Mail with an estimated delivery time of 1 to 4 business days. Items only ship after transactions have posted to Paypal - on the next available business day. Good luck and happy offerding!