hi, the chapmans 500, is a10' 1lb test light avon rod, suitable for float work and light ledgering, its a lovely rod, i have a deluxe which has been restored and is a nice roach and chub rod.
http://www.chapmanblanks.co.uk/rod_specs/chapman_rod_specifications_500.htm
the 'set in the tip' means it has a bend in it but this can be straightened, usually so it wouldn't notice but i tend to strip the section back to the cane, straighten and replace the guides with new and re-whip then give 5 coats of varnish with a light sand between each usually with the side where the set, or droop in some descriptions,facing upwards away from the guides as it will have a tendency to want to 'set' back again on some rods.
the restored one is nice and it wouldn't take more than a but of manipulation in front of a electric bar fire to sort out and the other one is worth having to restore to full glory, should be able to have this done with all new guides for around £50 if you can't do it yourself as long as the cork is ok, another £30 if it needs replacing and another £50 if the ferules need replacing. so it's a gamble getting one to restore but the prices above are very worst case scenarios, brobably cost no more than £60 to have a very usable rod worth about £100 or so but not a fortune as cane rods go.
as my rule of thumb
1- if someone famous has used one or owned it
2- if that the maker is well known
3- if the rod is rare
4- if the sections are over 48"
5- if it is complete, with bag, stoppers and transfers , A1 condition
The more of these factors, the more valuable it will be.
So, the 500 is a good make decent length, quite common and has not been featured on a famous person's tv program etc, so, 2 out of 5 in my book that mean's i would have it if the total cost including restoration came to less than £100, another £10 if it has a original bag maybe more if the transfer and bag label were in good condition.
This formula explains why some identical rods cost more than others, the original B James and sons mk4 carp with makers bag being a prime example of 5out of 5 with a fer even getting higher ratings for having a particularly notable previous owner or outstanding condition, again like Dick Walkers own MK4 which would command a blank check from many if it came on the market
the only other factor in getting a rod to restore is, 'how much do i want it' and in some cases the 'want' outweighs the cost
