What is this rod?

Found what seems an older fly fishing rod whilst cleaning out the shed. Has a twopiece beginning with three interchangeable ends. Does not seem to be The usual bamboo construction, maybe a light wood? The hardware seems fairly hefty. The Maker sticker is worn away. All I can see is Pythonic Model 255.

It's a Kiraku Grampus fly rod. Like stated, it's a post WWII japanese import worth $30-$50.

Sorry, not really. Enjoy it as a wall hanger or take it fishing.

Any worth?

It's a post WW2 Japanese rod. These usually came in a wood box. 

A light cloth bag with it.