is this rod worth anything?

Skill rank Req: 20
60 Durability

at what rank/durability until it is worth something?

lower tier ones are usually worth equal or more then higher tier ones

<100 dura - 0.5/dura
>100 dura - 1/dura

ty so this is 60 x .5 = 30fg?

i´d say so, yes