An exquisite H.L. Leonard 50-5  "Standard" bamboo fly rod, 3-piece, 2-tips, built for a #5 line. Serial #81137. Medium fast action. Lightly used with a small amount of soiling on the grip where it is not covered with plastic. The serial # denotes a 1981 manufacture date, close to the end of the "Maxwell" period at Leonard. All the hallmarks are there - thin cigar grip and the mortised curly maple seat with the Leonard cap and ring of the period. The cap is stamped "H.L. Leonard Rod Co, the Rod Maker, Since 1869". Super varnish, tan wraps, brown at the ferrules. Hardware and ferrules are bright and have some mild spots of corrosion from finger print acids. Straight, good ferrule fit, and original bag and brass-topped tube.