In very good condition as it has only been used on one occasion, it is in full working order, set up for right hand wind retrieve. No other reel has matched the Billy Pate’s durability and dependability day in day out, year after year, regardless of conditions, locale or species. This precision piece of equipment is designed and constructed to withstand the most demanding fly fishing environments. As with all reels that leave Ted’s shop, the Billy Pate is virtually maintenance free. While there are over 200 World Records that attest to its performance, you don’t have to be interested in records to appreciate this reel. If you know your fly fishing history, you know this is the reel that sets the hook.