Re: Pitting/corrosion on penn reels
You can smooth out the pitting with emory cloth or tripoli, followed by Nevr Dull, but short of replacing the spindle/spool and pins some pitting will remain. The spindle/spool on older Penn reels was chrome-plated brass, newer ones use a phenolic resin. I would have the pins replaced to save your line, but the spindle should clean up well enough.
I recovered a Long Beach 65 from the ocean floor in 1983, and I replaced the pins. It was built in the mid 1960's according to Herb of Herb's Bait & Tackle in Lake Worth.
I have abused this reel ever since, including burning up the bearings twice trying to catch marlin and sharks with it.
I just keep buying new rod blanks to replace the ones I slam in the car door or in the hatch on my Jeep [img]/images/graemlins/blush.gif[/img]
Pins are cheap if you repair it yourself. Less than $15 for all of them on a 113H. Pins and bearings for my 113H cost me $27 including shipping a couple of years ago.
Go for it.
__________________
Common Sense is learning from your mistakes. Wisdom is learning from the other guy's mistakes.
Fr. Frank says:
Jesus liked fishing, too. He even walked on water to get to the boat!
Currently without a SeaCraft 
(2) Pompano 12' fishing kayaks
'73 Cobia 18' prototype "Casting Skiff", 70hp Mercury
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