For sale here is a Payne Model 101 -- 7 1/2' 2/2 5wt bamboo rod. Excellent condition. 

All sections are full length and straight. Moderately tempered cane with chestnut silks and gold tipping. Gold and purple at the winding check and male ferrules. Blued hardware with the exception of the reel seat. Ring hook keeper. The cigar grip measures 6" in length with mild soiling. Up-locking reel seat. The locking ring features the "Sold by Abercrombie & Fitch" stamp as well as the Payne trademark stamp. The ferrules have retained a perfect fit and include a ferrule plug. The two male tip ferrules have a slightly different design so it's possible one is a replacement. The rod weighs 4.05 oz. The action is medium-fast. An amazing dry fly rod. Includes a replacement bag and original tube. 

The Model 101 was one of Jim Payne’s faster tapers, commanding a 5 wt. with a fluid authority. The model was introduced in 1950 when Jim Payne developed a new set of faster dry fly tapers.