I just picked up the reel featured below the old fashion way, my favorite way, in an even-up trade with a fellow collector. The other collector lives in the UK so the logistics of the deal were a bit hard to hammer out, however, when all was said and done we both had our new reels and big smiles on our respective faces......just like in days of old.
The reel I acquired was made around 1933 by the Modern Arms Co. Ltd. with facilities in London, Bromley, and Cambridge England and was named - "The Harding Reel" - after its inventor. The reel was issued patent #409468 in 1933 and was reviewed in an issue of the British Angling Journal in 1935 where the reel was reported to carry a whopping price tag of 50 GBP. The reel measures 8 1/4 inches in diameter and, as far as anyone I have talked to knows, it is the only example to have been found to date. The reel is insanely well made with tolerances that you would not expect to find on a fishing reel.
The reel was made to be fished under the rod and has some very unique features. Perhaps the most unique feature is it's small brass, dual purpose click button and free-spool mechanism which is mounted on the handle-side's rim near the foot and can be operated with just the slightest touch of a finger. A light touch of the brass button back towards the angler puts the reel into free-spool. A slight touch forward, away from the angler, and it increases a light click/drag so when you drop the bait back to troll the line will not bird nest (see below).
The reel also sports an auxiliary brake mounted on the back-side-plate's rim and back-plate. When you pull the lever up towards the rod it applies an extra drag to the spool.
The main drag is adjusted with the knurled nut, which appears to be the handle retaining nut but isn't, and works backwards from your conventional star or nut style drag. On a conventional reel you turn the nut/star in to tighten the drag and then turn the nut/star out to loosen the drag reel . On The "Harding" Reel you turn the nut out to tighten the drag and when you screw the nut down towards the handle it loosens the drag ... go figure.
I have put up a short bio of the Modern Arms Co. and this reel on my web site - https://antiquefishingreels.com/uncateg ... n-england/
Its only June and my year has been made!