For sale here is a Phillipson Peerless 7' 5wt 2/2 bamboo fly rod. The rod is in excellent condition. The one and only issue is one of the tips being 1" short. Classic resin impregnated cane. Golden copper colored wraps. Cigar grip looks almost unused with the exception of a few water marks. Dual knurled ring reel seat over cork. The script on the rod remains as sharp and bold as the day it was written. Nickel silver ferrules size 11/64 and the fit is excellent. Witness mark indentations on the ferrules. The action is a lovely medium-fast dry fly action. Weight is 3 3/4 oz. This rod was produced during Phillipson's 3M era shortly after the lifting of the embargo with China in 1971, a notable period in bamboo fly rod making. The rod includes its original bag and a replacement tube.