The rarest of the rare of all fly fishing reels ever made. It is the smallest version the 3 inch model with a fixed handle.
William Billinghurst (1807-1880) produced reels of different sizes and materials, from small brass reels to giant sized nickel plated trolling reels¹ (though only one of these is currently known to exist). The most common, if any Billinghurst can be called that, is the nickel plated 2nd version, or dual patent marked reels circa 1873 to 1880.
You can own one now......................
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