The white has yellowed to a degree, I do not know if this can be polished off or if this is natural on these reels. There are at least two parts missing. The left 1976 badge and another part are missing on the outside of this real. It goes to the right of the center spool tension knob. The final picture shows the internal Of where that piece is missing.
I do not know if internal parts are associated with it? It appears to have no internal apparatus association whatsoever. The reel functions as expected as far as the mechanics on the handle side of the real. The winding system for the fishing line works smoothly the free spool button works smoothly handle turns and drag adjusts as expected.
Again I do not know what the one missing part does that was noted. It is noted thoroughly so you are responsible to decide and know how this affects the value of the reel. Red / White / Blue 1976 Shakespeare Bait Casting Reel.... This item is in the category "Sporting Goods\Fishing\Vintage\Reels\Casting Reels".The seller is "lbcicoins" and is located in this country: US. This item can be shipped to United States.