I've seen tilted Penn logo's, and sideways logo's, but this one is exactly perfectly upside down
That's cool! 8)
Ted, I don't know how you find these things!?
Probably from the Australian Penn factory
Is it plausible that there were "factory seconds" that were distributed at reduced prices? I don't know, but there would seem to be a "marked" box or receipt showing up somewhere if that was the case. Maybe they were sold straight from the factory to locals.
These are perplexing.
If inspectors missed it (likely) probably just went out in normal channels. No effect on function. My 54 Mitchell 301 has upside down lettering as they all did then, when the RH cover was just flipped to fit the lefty reel. Later changed to be right side up lettering.
When I used to work in the factories, I often saw women and men drinking alcohol or overdosed on coffee. Their parts sometime were found and got rejected. 6 screw holes when it was supposed to have 5. :P That could a beautiful display reel. ::)
Logo is fine. It's the reel that's on upside down ;)
Get a normal plate to replace that one. Clean up the "anomalous" one, and put it on display.