On ebay I've looked and found that they do not command high prices, and that they are a "collectors item" according to penn.
Not planning on selling it, but what do you guys think is a ballpark value to a collector?
thanks for any help
I'm a retired U. S. Marine who is finally enjoying the pleasures of saltwater fishing along the Texas Gulf and although I have bought new rod and reels, I'm still using my old PENN 60 Long Beach and my PENN JigMaster P500. Both have proven trustworthy in landing large Red and Black Drum in the 30 to 45 inch range. I did replace my old rods on both reels since the line guides started popping out after hooking a 40 plus inch Black Drum. If you are into fishing, keep it as a trustworthy reels. If you decide to sell it, I would certainly pay 50 to 60 dollars for a new PENN 60 Long Beach. Good Luck.
If you are going to keep it for a "vintage" reel collection it's important to protect the box and associated paperwork, tools and oil that came with it. These items can make a big difference if selling as a new and collectable reel. By the way how cool to be given a brand new in box reel from the 70's.