An E.F. Payne model 102 bamboo fly rod, 8', 2-piece, 2-tip, and built for what feels like a #5 line. The rod weighs 3.7 ounces. The action is on the slower side. Refinished by Steve Blake, and both tips have been replaced. The owner has added a replacement Payne hang tag to it noting the Steve Blake refinish and that it is a model 102. Originally a 1950’s rod with the “Sold by Abercrombie & Fitch” stamp on the butt cap. A perfection stripper and the original snakes were re-used. The snakes on one tip show obvious wear. Light chestnut color cane with brown main wraps and yellow edges on all with a band of purple at the keeper and male ferrules. The step ferrules are oxidized. There is no ferrule jump between the male and female ferrule. The varnish is good and ferrule fits are good as well. The grip is 5 1/2" long and turned to a medium cigar. The varnished flatted reel seat is made of Spanish cedar. The ring has a previous owner’s initials engraved “W.C.C.” and retains only about 60% of the oxidation. As noted the butt cap has the later Payne stamp as well as the “Sold by” stamp. The rod bag is non-original and the tube is a copy of the original Payne tube.