For sale here is a 1920's vintage 3" caged spool fly reel made by Malloch. This highly sought after brass pin caged reel, showing a Dingley influence, has an early fixed caliper check, which is nicely blued and adequately strong. Stamped with roman numeral III marks on spool and frame. Correct original and un-filed smooth brass foot. Very, very minor line grooves on frame by stripping pillar. Original ivorine handle spins freely. Minor end play as we find on most of these latch reels. As with most leaded Dingleys, the majority of the original leading remains on this Malloch reel. A fine fishable example, loaded with a like-new Cortland Sylk 5 line.