_"Art Wire & Stamping Co. of Newark, New Jersey, was one of the largest manufacturers of terminal tackle in America, best known for their Kelux and Luxon brand of swivels, first sold in 1950 and often found on connectors used on other maker's fishing lures ranging from Bomber to Whopper Stopper. Art Wire also sold a line of lures under the Luxon name. Your Luxon Magill Trolling Planer is a big piece of fishing tackle from the 1950s used primarily for light saltwater and Great Lakes trolling. It was made in a number of sizes and sold for a number of years, and was quite popular where I grew up in Duluth, Minnesota among the Lake Superior trollers. They have more value as a piece of usable tackle than as a collectible, and so should be worth $30-$50 in nice condition like yours. "