I have an Epiphone EB-88 banjo I purchased in about 1964 when I was in college that has not been played since then. I want to sell it but I need some advice on its value. It is in excellent condition with some minor finish damage on a small part of the resonator.
Even without photos, I'll say right now that you have a very good banjo.
I wouldn't let it go for less than $2000.
These banjos were made in Kalamazoo from 1960-1969 at the original Gibson factory; they are RARE and you just simply cannot find one very easily. I would almost recommend you keep yours; if you decide to sell it, you can bet that you won't see it again. It's your banjo, your choice.
The Epiphone EB-88 is a dressed-down version of the RB-250. I guess at some point in the 60s, Gibson wanted a "filler" model between the RB-100 and RB-250. The EB-88 is essentially an RB-100 with a tone ring. Some EB-88s have position dots and some have parallelogram inlays. Some have thin black rims and some have better, thicker brown 3-ply rims.
A description of one that Gryphon (Gryphon Stringed Instruments, CA) sold, says, "Think of it as a RB-100 Plus, or a RB-250 minus."
These banjos are very different and much, much better in every respect than the Chinese or Korean Epiphones, which were NOT manufactured by Gibson in their Nashville factory, nor conform to what a US-made banjo should feel like.
The early Epiphones are killer banjos. I've got one and it is absolutely smashing in every way.
Edited by - bluegrassbanjopicker on 06/13/2018 13:14:17
Luke,Thanks a lot for the information. I don't play so I will be selling it as soon as I can nail down a reasonable price.
If you can, take some time and research it more...sounds like you might have a real gem there and if that is the case, it is worth the extra time to really dial it in and learn about it etc...before selling...Don't be hastey, if you can help it.
Maybe check in with Geoff Hohwald or Elderly.com for some perspective...in fact I would email Jim Mills and Geoff Hohwald about it
Edited by - Astrobanjo on 06/13/2018 14:18:11
It might be "worth" $2000.00 to $2500.00, but with Gibson banjos selling for the same price, you might get $1100.00 , if you're lucky and patient, probably more like $850.00 to $1000.00 in this soft market.
It's only worth what someone will give you for it.....
Just my humble opinion........
Edited by - RioStat on 06/13/2018 18:37:18
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