They were originally made in the USA, but are currently made in China.
Penn Reels was created in 1932.
I don't think its valuable... But Penn does make good reels and some of them are fairly expensive.
Penn has been making the 309 since 1966 and has released at least 3 or 4 reels under the "309" number. It is one of their "levelwind" series reels. This is the rewind system that distributes the line evenly back and forth across the reel to prevent tangles. The current models are made in China and while still a good reel, they're not as well made as the older models. You can pick up the USA made versions on eBay (it will say made in USA on side plate). The current 309 sell for $60-$70. The older models can be had from $30 to whatever depending of condition. The original 309 was called "The 309 Penn Super Peer". I believe the current model is called the 309M. They are designed for saltwater fishing but work well for any type. They are solid, tough reels, but do not have the higher gear ratios (many newer bait reels have 4.5:1 or higher ratios while the 309 is 3:1) that many newer designed reels have that make them easier to rewind after casting. If you buy a used one on eBay, be careful to make sure you can inspect it and return if defective. Many are old saltwater reels that were not properly maintained. When opened up for cleaning you can find they're gummed up and/or damaged from improper or no cleaning. For buying parts for older Penn's or buying new Penn reels check out www.pennparts.com. It's a great shop in New Jersey. They carry a pretty complete line of Penn reels at good prices as well as replacement parts and advice.
Penn fishing reels can be found in a wide price range from 5 US Dollars used and up to over 600 US Dollars for the higher end models. The price is dependent on the type of reel and the material used in the manufacturing process.
Fishing tackle stores would be a good place to look for cheap second-hand Penn spinning reels. Although the stores may not sell them directly they may advertise on behalf of local people who can.
Penn Fishing is a fishing supply store located in Philadelphia, Pennsylvania. They offer a variety of products including: reels, rods, down riggers, and lubricants.
indonesia
Cable reels are normally made from steel but can also be made from wood, plywood or plastic. Cable reels are round, drum-shaped objects that are used to carry various types of electrical wires.
Rods are made in the US. Many of their accessories and reels are not.
The statue of William Penn is made out of bronze.
The Shimano fishing reel is one of the best saltwater fishing reels you can buy in the United States. There are many different styles to choose from as well as different prices to suit any budget.
The penn squidder 140 reel was made from 1941-2006.