Obviously this reel has a story. But he got it to me before too much damage was caused from the saltwater and sand. Surprisingly it functioned fine except for a the eccentric lever hanging up.
5 minutes in the ultrasonic cleaner and I can see the actual reel again.
Looks like the only casualty is the Eccentric lever. That part could have used some grease before installation. The bushing disintegrated and the lever corroded.
Cleaned up well and works perfectly. Simple designs pass the test of time. This one is off to its owner to make more memories!