Penn Peer No. 109 Fishing Reel Value Guide

The Penn Peer No. 109 is a quintessential mid-century conventional reel designed by Otto Henze's company for specialized mooching and light trolling. Its enduring popularity among salmon and trout anglers stems from its rugged level-wind system and iconic Bakelite side plate design.

What Is Penn Peer No. 109 Fishing Reel Worth?

The typical price range for Penn Peer No. 109 Fishing Reel is $45 - $50 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• Mechanical condition of the level-wind gear, as these parts are prone to wear from saltwater exposure.
• Presence of original green knobs on 1950s models, which can command a premium from Penn enthusiasts.
• The amount of pitting or 'brassing' on the chrome-plated brass hardware and spool.
• Completeness of the reel, including the original rod clamps and period-correct box.

How to Identify Penn Peer No. 109 Fishing Reel?

• Look for the 'No. 109' model designation stamped clearly on the black Bakelite side plate.
• Identify early production versions by the presence of distinctive green handle knobs rather than later black or white versions.
• Check for the 'Made in USA' engraving on the chrome-plated brass housing components.
• Verify the level-wind mechanism is integrated with the classic star drag system characteristic of the Peer series.

History of Penn Peer No. 109 Fishing Reel

The Penn Fishing Tackle Manufacturing Company, founded by Otto Henze in 1932, introduced the Peer series to provide reliable, affordable gear for saltwater anglers. The No. 109 was specifically designed for mooching and light trolling, becoming a staple for salmon and trout fishermen due to its durable build and distinctive 'green' handle knobs on early models.