A nice John Emery Tarpon fly reel, 4 1/4" diameter and set up for RHW.  Direct drive. It weighs 17.2 ounces. Silent incoming and outgoing. The reel has a scuff on the outside of crossbar opposite the foot, but otherwise I can see no sign that the reel has been fished (there are no mounting marks or any other signs, so I suspect the scuff is from handling). Black anodized throughout with porting on the spool. Palmable spool rim. Engraved "John Emery 563" on the backplate. Designed to hold a WF13 plus 500 yards of 30# backing. John Emery was a Tarpon and Bonefish guide in the Florida Keys who made a very limited number of these reels in the early 80's. The reel packs into a blue canvas drawstring pouch with a note inside from Emery to the current owner on letterhead from the retailer through whom it was presumably purchased.