Sky-Guy-
Assuming that it is a hand down, I highly doubt it is a new Velocity or Litespeed.

So in that case it would be an LP 4 (Does it have a sold frame (non-ported)?)...a reel that has almost a cult-like following based upon the fact that it was pretty much the first not overly expensive machined aluminum, anodized finish, disc drag reel to hit the market.
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Ryan S. Petzold
aka Sparkey and/or Special