New Old Stock. The Penn 500L Jigmaster Fishing Reel in red comes with a manual wrench and rod clamp, making it a versatile and high-quality choice for saltwater fishing. This vintage reel by Penn features a right-hand retrieve, star drag system, and a gear ratio of 4.0:1. With 5 ball bearings and an alloy construction, this trolling reel is designed for all saltwater fish species and is suitable for both men and women. Made in the United States, this reel is a reliable and durable option for any angler looking for a smooth and efficient fishing experience.missing Penn oil.