Ok
Ok, i just tested the fishingpole, and i agree there is an issue with it. But i don't think it is the fishingpole that is faulty but the layer system. When you equip the first fishingpole it vansih. That means it still exist but either get's placed in the wrong layer or there is a layerbug in RunUO. Cause when you try to equip the second pole it gets bumped to the ground. That means the first pole still exists but does'nt show.
The devs already know they have some issues with layers, and a fix will probably come in one of the next betas.