Atlantic reels

[Reelfish]

Can anyone give me any information on the Atlantic reel company and how rare their reels are. And how much they are worth. I have one posted on eBay but have 4 more to list and someone explained to me that they are very rare and shouldn’t post to eBay. They are all in original box. I will post the other models and pictures shortly.

[Reelfish]

Apparently the reels were manufactured and never put into production.

[1badf350]

You’ll get the most money on eBay. I know for a fact a lot of Penn collectors are looking at the one you currently have up there. I’m one of them.
Whoever told you not to list it on eBay is trying to score a deal for himself.

Your description in your listing is pretty accurate. Not sure what more info we could give you. They are pretty rare but for some reason never really brought big money. Mike Cacioppo (M3040C on here) can tell you quite a bit about them.

[Reelfish]

The other one I had only sold for 225

[Reelfish]

I have a 115 116. 125. 126. $225 doesn’t seem like that much money for a reel that are so rare in original box. The only one I can find that has ever sold is the one I sold so there is nowhere to compare to see what they have sold for or what kind of money they should bring.

[1badf350]

Sounds about what I paid for mine a couple years ago.
Hell, they only sold for a few dollars each when they were first auctioned out of Martha’s estate.
It’s true there were not many made. For one reason or another they just never developed any real demand.
Do I wish mine were worth more than they are? Of course. Obviously we can’t wish great value into existence.
The one you currently have listed may do better since the box label is there

[m3040c]

The Atlantics are rare, but they are very simple reels. So, putting them into the same category as a rare Kovalovsky or vom Hofe is, in my opinion, never going to happen. I sold an Atlantic Model 127, NIB, last year on eBay and coincidently got $225 for it and was surprised. I felt that was a high price for such a simple reel, that is basically a copy of the original Penn reels. The Model 117 and 127 are the most common of the six (I believe) reel group. Most of the reels that survived are new in the box, they were never marketed. But they are rare, so my opinion is only that. Putting it on eBay and getting two bidders that want it bad may bring a new high.

I remember about two years after the auction, I was visiting someone that bought the large group of these at the auction. I believe he had about 25 of them, all NIB. He sold me a Model 127 and Model 117 for $25 each and would have gladly sold me the whole bunch of them even cheaper. The quality of these reels was not too good. They were never marketed. The group of Penn employees that left the factory with a well-respected Penn engineer that will go nameless here, was lured back to Penn with all the stock. Then that stock was sold at the 2003 auction and been floating around ever since. Their numbers will never change, these Atlantic's will always be rare because of the limited and interrupted production. But, becoming valuable is entirely dependent on the bidders.