Very popular Penn No 77 reel. These were made from the 1950's up until the 1980's. Direct gear multiplier 3:1. No drag system. (use your thumb) This style of older reel is often called a knuckle-buster: there is no anti-reverse. The handle turns both ways to pay out line, or retrieve. Popular economical reel for bottom fishing. I have taken them apart, cleaned old grease and grime, re-lubed with Penn Reel grease and Lucas Reel oil. Auction is for 1 reel, select quantity in the drop down menu.