I've put in a low bid offer
good idea, there is a lot of rubbish out there that people think is worth money because its cane, just remember once upon a time cane was standard, so there is a huge variation between cheap and expensive rods, (just like the carbon ones today).
if you are forking out anything with 3 figures make sure it has a proper label (like Hardy's, Sharpes, etc) and has identifying features you can confirm its real and not a knock off (more of an issue with American rods). In fact most of the Hardy Palakona rods (ie the test, are really nice and not too huge a sum, although I like cane in lengths less than 8ft 6" and usually a 4 or 5wt)
Rods with marks like the one above are likely Chinese rods from the 60's/70's and were mass produced very cheaply (they are still doing it
)
Cane is a wonderful hobby, but can cost you a lot once the addiction kicks in
Especially if you get your hands on some the really nice ones, then there is no going back
Slippery slopes and all that...................................
Sandy