The vendor's description "lugged" is incorrect, since this is not a steel stem, but a forged aluminium stem, with imitation lugs.
They were listed in the 1952 Brown Brothers Cycle Accessory catalgue, and were at the high end of the price range for aluminium stems. Other makers of alloy stems listed in the catalogue were Burlite, GB (of course), Constrictor, Alumlite, Cyclo "Rosaloy" and Strata.
Neil Foddering weymouth, Dorset, England
> Date: Tue, 8 Sep 2009 16:08:36 -0700
> From: saint09@bellsouth.net
> To: Classicrendezvous@bikelist.org
> Subject: [CR] Reynolds stem
>
> There is a beautiful vintage Reynolds stem on Ebay UK that I've never seen before. Has anyone ever used one of these? The seller says it comes with a shim for handlebars without a bulge. Sure wish this stuff would get to the US. Not much action now, but I wonder what the final bid price will be.
> Fred Durrette
> Summerville, SC