Greetings! I am new to the Hangout so forgive me if I am rehashing and old topic. I am helping my neighbor sell two banjos her deceased dad left her. She does not play and would really like these to get under the hands of someone who will. One is a Deering Golden Wreath with virtually no playing time on it, the other is a Gold Tone.
I think we have the serial number from the Golden Wreath figures out but am struggling to find a serial number on the Gold Tone. Any suggestions?
Edited by - Lynne on 09/19/2019 06:25:32
On a Gold Tone, serial # is nowhere near as critical a piece of information as it would be on other banjos that may have decades and decades of history. Gold Tones simply aren't "that old".
If you'd like comments from folks here about what the banjos might be worth, post lots of good, brightly lit close-up photos of front, back, sides and insides. The MODEL of Gold Tone will then be clearly identified (they make quite a few different models of differing value). Scroll through the BHO Classifieds to see how folks photograph and describe their banjos. See if anyone has listed a Golden Wreath and a Gold Tone, to give you some guidance.
For instance here's a Deering Golden Wreath in BHO Marketplace Classifieds. https://www.banjohangout.org/classified/72840
And here's one of many Gold Tones. https://www.banjohangout.org/classified/4032
Both brands/models are well enough known here that you can get fairly good guidance on value.
Edited by - The Old Timer on 09/19/2019 05:31:42
Gold Tone banjos usually have a label glued on the inside of the rim that will include both the model number and the serial number. You will have to remove the resonator screws to view the label.
Edited by - Bob Smakula on 09/19/2019 05:55:46
Thank you. So let me state up front, I am a fiddle player so unscrewing the resonator is definitely outside of my comfort zone! Lol! I might take it to a stringed instrument shop and Pay to have that done. I have the Deering posted up in the classified ads now. Hoping someone wants a good deal on what I am told is a very nice banjo. Thank you again for the advice!!
Stuart you don't have to pay anyone to take a resonator off. Post a photo here of the front of the pot, and you'll get all kinds of helpful advice. The "screws" usually require no tools, just thumb and finger. You can't hurt it if you go slow.
Again, a photo will also permit people here to tell you what model it is, to help zero in on value.
A member search shows 26 banjo players in Apex NC. Why not reach out to some of them instead of paying a music store to remove the resonator?
So far I have had the best results by selling instruments through Elderly Instrument's consignment program.
Here are the drawbacks -
1. You have to pay to ship the instruments to Elderly Instruments.
2. Unless you sell instruments "As Is", you will have to pay for the repair of any defects in the instruments. IMHO, I like this feature.
1. Quicker sales. Elderly is a very large dealer who sells lots of quality instruments. The have a large customer base. Many are aware of the value of instruments and have no problem purchasing them. In fact the owner of Elderly's once told me he had a waiting list for specific instruments, and they would be sold after arrival and if necessary, any repair work.
2. When I started selling through Elderly, I was surprised by how much more money I received than I did trying to sell instruments locally.
3. Elderly has knowledgeable sales people you can contact and obtain information about the value of the instruments. No charge.
So basically, I received an excellent price, and no "hassle" whatsoever.
Edited by - Richard Hauser on 09/19/2019 08:13:47
'Good Saturday Morning' 4 hrs
'Setups' 10 hrs
'St. Anne’s Reel (TOTW)' 12 hrs
'1987 bill sullivan rb-5' 13 hrs