Thompson No. 100 Fly Reel - San Francisco 10'6" The spigot ferrule fits nice

The spigot ferrule fits nice and tight with a 3/8" gap to allow for wear over time

Slight left hand retrieve bias but could be fished right as well

and have fully seating ferrules

The tensioner screw also may be a replacement but it works as intended

Reverse the bank spear and use the nut to screw it in place

Thompson No. 100 Fly Reel - San Francisco 10'6" The spigot ferrule fits niceFor sale here is a Thompson No. 100 fly reel made in California in the late 1940's. Reel's diameter is 3 3 8" but the spool width is more narrow than the Model 500. Similar in style and performance to the classic Hardy Perfect. The reel is in excellent condition throughout. Handling fishing marks only, no chips, cracks or corrosion. Mechanically it's in excellent working condition, having recently received a new brake shoe machined by Archuleta Reel