The H.L. Leonard 39H “Ausable” is a classic bamboo fly rod, highly regarded among vintage tackle collectors and traditional fly anglers. Here’s what you should know about it:
Key Features:
– Model: 39H (often called the “Ausable” model, named after New York’s Ausable River).
– Length: 7’6″ (a versatile length for medium-sized streams).
– Line Weight: 6 (designed for a 6-weight line, suitable for larger trout, bass, and light salmon/steelhead).
– Configuration: 2-piece with 2 tips (common for durability and fishing flexibility).
– Action: Medium-fast to fast for a bamboo rod (Leonard rods are known for their crisp, powerful action).
– Era: Likely mid-20th century (Leonard rods from the 1940s–1960s are particularly sought after).
Historical & Collectible Value:
– H.L. Leonard Rod Co. (founded in 1869) is one of the most prestigious names in bamboo fly rods.
– The 39H was a popular model, known for its all-around performance.
– Condition matters greatly—original varnish, wraps, ferrules, and bag/tube affect value.
Potential Worth:
– If in excellent original condition, it could fetch $1,500–$3,500+ at auction.
– Refinished or restored rods typically sell for $800–$2,000, depending on quality.
– Rare pre-1940 examples or special provenance can command higher prices.
Fishing Performance:
– A 6 line suggests it was designed for larger flies and bigger fish (bass, steelhead, Atlantic salmon in smaller rivers).
– The 7’6″ length makes it nimble yet powerful, ideal for dry flies, streamers, or light nymphing.
Authenticity Check:
– Look for Leonard markings on the shaft (stampings, serial numbers if applicable).

– Original ferrules should fit snugly without wobbling.
– Signature wraps (color and spacing) should match known Leonard patterns.
Would you like help assessing its condition or identifying its exact era? If you have photos, I can offer more detailed insights.
(Note: If you’re considering selling, a specialist auction house like Lang’s or a bamboo dealer like Bob Summers could provide an appraisal.)