This is a very nice Paxman 20M from the late 1970s or early 1980s.  It's a lacquered gold brass instrument with a fixed bell and, apart from a few superficial cosmetic belmishes, it's in very good condition and has clearly seen little use.  It plays beautifully, of course and has a full, warm yet bright sound and a stellar high register - it's really notchy and secure up there!

A fine instrument for a discerning player.

£POA