The Orvis CFO III (C.F.O. III) fly reel body you’re describing—with scratches and dirt—is likely a used or vintage model. Here’s what you should know:
1. Identification & Authenticity
– The CFO III is a classic, lightweight fly reel originally made by Hardy (UK) for Orvis, later produced by BFR (Battenkill Fly Reels) and others.
– Check for markings:
– Early models say “Made in England” (Hardy-made).
– Later versions may say “Made in USA” (BFR/Battenkill).
– Serial numbers (if present) can help date it.
2. Condition & Value
– Scratches & Dirt:
– Light scratches are common on used CFOs and may not hurt value much if the reel functions well.
– Heavy scratches or dents could lower value (especially on collectible early Hardy-made models).
– Cleaning:
– Gently clean with mild soap, water, and a soft brush. Avoid harsh chemicals.
– Light corrosion can be polished with a microfiber cloth (avoid abrasive pads).
3. Market Value (Body Only)
– Hardy-made (England): $150–$300+ depending on condition.
– BFR/Battenkill (USA): $100–$200.
– Scratched/dirty: Likely at the lower end unless rare (e.g., early disc-drag model).
4. Selling or Restoring?
– Selling “as is”: List clearly with detailed photos of scratches.
– Restoring:
– Orvis may service newer models (contact them).
– For vintage Hardy CFOs, a specialist like Bill Archuleta (Archuleta’s Reel Works) can refinish.
5. Missing Parts?
If it’s body only, check if you need:
– Spool (CFO III spools are interchangeable with some Hardy LRH/Lightweight reels).
– Drag components (early CFO IIIs had a simple click-pawl).
Would you like help identifying the exact model or finding replacement parts?

The Orvis CFO III Fly Reel (body only) with scratches and dirt suggests a used or well-worn reel that may need cleaning and minor restoration. Here’s what you should consider:
1. Assessing Condition
– Scratches: Light surface marks may be cosmetic, but deep scratches could affect structural integrity.
– Dirt/Grime: Likely accumulated from use—cleaning may reveal the true condition.
– Functionality: Check if the reel spins smoothly (if spool is included) and if the drag (if applicable) works.
2. Cleaning & Restoration
– Gentle Cleaning: Use warm soapy water and a soft brush to remove dirt. Avoid harsh chemicals.
– Polishing: Light metal polish (e.g., Flitz) can reduce scratches on aluminum.
– Internal Maintenance: If disassembled, grease bearings and lubricate moving parts.
3. Missing Parts
– Since it’s body only, confirm if you need:
– Spool (CFO III spools are specific—check compatibility).
– Handle (some CFOs have a removable crank).
– Drag components (if applicable—older CFOs are click-and-pawl).
4. Value Considerations
– Used CFO III reels in good condition sell for $150–$300+ depending on model/vintage.
– Body-only with damage may be worth $50–$150 (useful for parts or restoration).
5. Selling or Using It?
– Sell as-is: List honestly (eBay, fly fishing forums) with clear photos of scratches.
– Keep & restore: A classic CFO III is a great lightweight reel for small-stream trout fishing.
Would you like help identifying the exact vintage or sourcing replacement parts?