Jim Payne Model 205, 8 1/2 ft., 3/2, 5 oz., 6 wt, aluminum downlocking over cedar spacer, brown wraps tipped in black, wonderful and very scarce model with a great faster dry fly action. These 205 models rarely surface. Len Codella noted in 2001 that he had only seen four of these models. They all seem to be purchased directly from Payne and not through A&F as is the case with this one as the A&F stamping on the end cap is not present. All original wraps, varnish, tube, and bag with hang tag present but not attached. Excellent condition with straight and full length sections, excellent ferrule fit, and excellent varnish and blueing.