I can give you a bit of info-- Feralite waswhat Fenwick called their ferrule system, one of the first to use a tip that slipped over the butt rather than a metal ferrule. I can't say for sure when they were introduced, but I know that they were available in the mid-60s.

There is some value as the original Fenwicks were pretty much top-of-the-pile as far as fiberglass rods went; however, I think I've seen them go on E-bay for $30-$50. I certainly wouldn't throw it in the corner but would fish it if it fits your casting style. If not, send it to me!

Keith