That cleaned up nicely, especially considering how old everything inside it was...

My favorite MH rod from that era is 7' Berkley Tri-Sport - fished one hard from teenage years (in retrospect, wish it had been matched with a Penn 714).
Other great choice would be find a 7+' MH Fenwick.
Both blanks are brown.

There's also a good chance you might find a green/gray H-I rod from that era.
And you can't go wrong with Harnell for a workhorse rod.

If you want a new rod, Crowder E-series Lite is really nice IM6 graphite.
They also make e-glass salt spinning rods.
Crowder shut down in April - I managed to get one of their last floating examples of an inshore E-series Lite casting rod with good customer service effort from Tackle Direct.
They're probably started back up, and will have a long back-log, but will be worth the wait.

Nice reel.

I think they were the best of the bunch.
I used one until the abu cardinal 4 came along.
I still have my greenie.Its missing the medallion
on the side of the reel.
Anyone know where I can find one?

I use a green 704 on the surf. FWIW, I cleaned the gap around the medallion to remove any old grease & oil .... and then used a toothpick to apply some lite expoy wrap finish all around the gap to make sure the medallion doesn't pop out like some I have seen. Same with my newer black 712z.

I like penny idea.
I've got a jar full of wheat pennies.
I'll try to date the reel and match it with
the date on the penny.
Thanks bulldog
Unique idea

I don't know the specific dates on the green Penn Spinfishers, but I've seen an ad from 1974

ok, just did a googlebooks periodicals search - found green Spinfisher ads from 1970 to '78

I’ll have to check my records when I get home, but that sounds early. I know the 704 was introduced in 1969.

Update: the 700 first appeared in the copyright 1963 catalog, so it was probably introduced in 1964. The 713 first appeared in the copyright 1970 catalog.

Excerpt from "The Wright Price Guide for the Reel Man", Ben Wright, Second Edition, 1999:

1961- In April to be exact, Penn Fishing Tackle Mfg. Co. of Philadelphia, PA introduced their first open face spinning reel. Penn's model No.700 was a high quality heavy-duty fresh/saltwater reel. This reel was the first in Penn's now famous series of dark green "SpinFisher" models.

Points of interest: Early models of the Penn 700 came with a 1 piece green handle (crank). By early 1962 the handle design was changed to a collapsible aluminum handle design. Thus the first model 700 SpinFisher is scarce and very hard to find. The model 700 came with 2 spools which were included in their selling price. The early boxes for the first model spinfisher 700 was a two piece cardboard box. This was changed when they changed their handle design. The newer box is a flip top cardboard box with metal reinforced sides. This change was done for easier packaging and stability for shipping purposes. The early boxes are as scarce if not scarcer than the reels themselves.

2006 Edition may be available

http://www.orcaonline.org/reference_books.htm

Angels on the head of a pin. It's all good info on these venerable reels.