Here we have an early Farlow of London Regal Perfect style trout fly reel. 2.75" diameter, wide drum, ivorine handle.
Faceplate stamped “Regal, C Farlow & Co., London Patent” and Holdfast logo, strapped tension regulator, correct smooth brass foot. This comes with a real leather case, the strap has some wear but still functioning. Name and address of original owner written on the top of the case.
This reel is free of cracks, line burns, is tight and free of any spool wobble.