This antique, vintage 38 ½ inch Iron was made by the Stadium Golf Co. London with a square dot punched face lofted 23 degrees.  The back is stamped with their S over an Anchor Mark, Special, P2 Iron, Warranted Hand Forged, and A. J. Hobley in large script above Cheltenham G. C.  AJ Hobley is listed at Cheltenham 1896 to 1933.  There is a very strong, straight shaft with Playable fitted 12 ½ inch very dark brown wrapped leather grip.  Certainly appears suitable for play with No Reserve!     Winning bidder to pay shipping and ins.   CA residents please add 7.75% sales tax.    I will combine shipping on multiple purchases.  Please view our other auctions.  International bidders must pay by PayPal.