Several years ago I bought this gadget for pulling up big fish when pier or bridge fishing. It is a big treble hook with lead around shank and big eyelet to tie 1/4" rope to. It has retrieved 2 rod/reel combos although that was not what it was designed for. Best $10 I ever spent. It works good on sandy/mud bottoms but probably would not work on oyster beds. Sorry about your misfortune.
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