Plastic - I've surf casted it before with good results. * :D
I gave about $23 for it on eBay - including shipping! *Near mint condition. *I got a gooooood deal!
Its maroon with maroon spool and the old green swirly knob on the handle. *Vintage. *;)
Exactly like this one:
http://cgi.ebay.com/pristine-shape-p...QQcmdZViewItem