Pbro.
Throw them away!!
The phelps floaters are a floating jig head with the hook integrated into the jig.
The problem is that when you get a bunch of rust on a hook, the hook is effectively destroyed.
Yes, you can use naval jelly and it will remove the rust.
However, if the rust is bad, the point will be gone from the hook.
Aslo, if the rust is bad, the hook will be much weaker than when new.
Take a bit of naval jelley on a single jig and clean up the hook.
Look at the hook under a microscope after cleaning to see if it is still intact, or if it has been rusted away. If the point is gone and or part of the hook body itself has thinned due to rust - throw them all away.
If, however, you only have surface rust on the jig, you can clean them up, the douse them with wd-40 and leaving them wet with wd-40 - put them in a zip lock bag. The bad and wd-40 will protect the hooks from moisture.
REW
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