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Oct 22, 2020 - 8:08:29 AM
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210 posts since 10/8/2018

I was totally shocked when I won my Cole “Man in the Moon” On eBay!! I had been trying to get a Fairbanks, or a Fairbanks & Cole for a while and and each time I was always losing the bidding wars. A Friend here on Banjo Hangout suggested that if I bid 3 times what the starting bid was I would increase the odds that I would win. It usually worked for him. After much consternation, (as all of my banjo purchases up to that point had never been over $400) I only bid the opening bid price of $900 just seconds before it closed. I was totally dumbfounded when it said I was the highest bidder and that I had won! I was sure someone was going to bid more... now I was going to have to explain to my wife why I spent so much money on another banjo. (This is 11 for me) Even though I was sure that I had gotten a good deal I began to worry that maybe I was wrong on the current value. Then a day or two after I won my bid another Cole MITM the exact same model and year came up on eBay. It was what I would consider a basket case. Starting price was only $300... I thought I could get this cheap and fix it up and could sell one before my wife found out how much I had spent on the banjo, so I began watching it but it quickly went out of my range.... Well it sold last night for $75 MORE than I paid for mine, which came with a case, a wrench, a tuner, and an extra set of strings! Now I feel better about my purchase and I can show my wife how much an old beat up banjo can go for, as I try to convince her that my $900 was actually a good deal for that banjo and that she should still love me for my wise investment!! Think it will work???
Here is the link to the basket case:
ebay.com/itm/373274022420

Oct 22, 2020 - 8:25:39 AM
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55991 posts since 12/14/2005
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I love a story with a happy ending.

Explain to the wife that you saved $75 on a Very Nice banjo.

And take two which you are THINKING of selling, and tell her that SHE gets to pick which one you will now get rid of, to recoup some or all of what you spent.

And if she's STILL unhappy, send her to Wisconsin, to live with ME for a month, after which she will perceive YOU to be a TRUE GEM among mankind.

Oct 22, 2020 - 10:42:44 AM

7856 posts since 8/28/2013

I hope that she doesn't just say, "So what! That only proves there's an even bigger sucker than you are!"

Oct 22, 2020 - 11:01:59 AM
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1146 posts since 5/19/2018

You paid 900.00$. You always wanted one. Sounds fair to me. If you did not compromise the family finances, all the better.

If the one you bought has the larger pot, +/- 11”. Has all of the inlays. Does not have peghead or fingerboard rot. Most of the brackets and a straight neck, I would say that you did very well. If it is in good, solid playable condition, you got it for a little less than half of what it would go for from a reputable seller.

Man in the moon Banjos, real ones, in good condition regularly sell for between 1800 and 2200 $ US.

Post some pictures, would love to see what you got and I’m sure other would weigh in.

Oct 22, 2020 - 12:59:26 PM
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Bill H

USA

1411 posts since 11/7/2010

I went out and purchased a Vega VIP for $1200 from a local shop while my wife was away visiting a friend. At this point I had about 7 banjos. I just put it on a stand in my music room. It took about a week, but I found out that my strategy of assuming all banjo would look alike to certain spouses was flawed.

Tread carefully.

Edited by - Bill H on 10/22/2020 13:00:05

Oct 22, 2020 - 4:02:13 PM
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101 posts since 5/14/2014

quote:
Originally posted by Bill H

I went out and purchased a Vega VIP for $1200 from a local shop while my wife was away visiting a friend. At this point I had about 7 banjos. I just put it on a stand in my music room. It took about a week, but I found out that my strategy of assuming all banjo would look alike to certain spouses was flawed.

Tread carefully.


As a woman who owns no fewer than six banjos, no two of which look alike, I found that particularly funny.

Oct 22, 2020 - 4:51:30 PM
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hbick2

USA

275 posts since 6/26/2004

My wife and I have a standard joke. When my band would go out and play a festival or I would go to a fiddler's convention, I would always take two cases. One of them was empty.

Oct 22, 2020 - 6:47:08 PM

423 posts since 7/13/2008

Those spousal dynamics around money are always a touchy subject. I'm not a big collector, but after 43 years of not losing money on most purchases and making some money on others, she didn't blink when I told her about my most recent plan to acquire a new guitar. I gave a silent sigh of satisfaction.

Oct 23, 2020 - 11:36:08 AM

210 posts since 10/8/2018

quote:
Originally posted by Bill H

I went out and purchased a Vega VIP for $1200 from a local shop while my wife was away visiting a friend. At this point I had about 7 banjos. I just put it on a stand in my music room. It took about a week, but I found out that my strategy of assuming all banjo would look alike to certain spouses was flawed.

Tread carefully.


I took the new banjo to show my friend that I'm teaching to play and we did a fun video of us playing a John Prine tune and I used the Cole in it. He posted it on a banjo group page and a few days later later with out thinking I showed my wife the vide and as we were watching it I realized what banjo I was playing and thought to myself this was stupid... afterward she said "I can't believe that you posted that... it wasn't that good." I said that I hadn't posted it and that it was to show my friend progress and the fun of playing. I let out a sigh of relief. So far so good.

Oct 23, 2020 - 8:08:14 PM
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1221 posts since 3/1/2012

So, I have close to 70 now, which is why I wrote a book (Collecting Banjos), and it IS true that after a certain amount, one more blends in. But, you need to reach what I call Critical Mess to make this work. Anything under 50, and she may notice.
By the way, I don't even listen to my advice, so any marital counseling resulting from this post is not my doing. lol

Oct 27, 2020 - 9:44:33 PM

210 posts since 10/8/2018

quote:
Originally posted by mike gregory

I love a story with a happy ending.

Explain to the wife that you saved $75 on a Very Nice banjo.

And take two which you are THINKING of selling, and tell her that SHE gets to pick which one you will now get rid of, to recoup some or all of what you spent.

And if she's STILL unhappy, send her to Wisconsin, to live with ME for a month, after which she will perceive YOU to be a TRUE GEM among mankind.


Some great ideas there! Ha!

Oct 27, 2020 - 9:58:02 PM

210 posts since 10/8/2018

quote:
Originally posted by Alvin Conder

You paid 900.00$. You always wanted one. Sounds fair to me. If you did not compromise the family finances, all the better.

If the one you bought has the larger pot, +/- 11”. Has all of the inlays. Does not have peghead or fingerboard rot. Most of the brackets and a straight neck, I would say that you did very well. If it is in good, solid playable condition, you got it for a little less than half of what it would go for from a reputable seller.

Man in the moon Banjos, real ones, in good condition regularly sell for between 1800 and 2200 $ US.

Post some pictures, would love to see what you got and I’m sure other would weigh in.


The pot is under 11", it has most all of the inlays except one in the middle of the neck that has a blank pearl in need of etching, no rot anywhere. I did discover some neck wobble when I pulled out the shims between the heel and the pot to put on the new strings. Looks like a crack in the dowel! (Going to need some work with that), Here are some pics!


Oct 27, 2020 - 9:59:13 PM

210 posts since 10/8/2018

quote:
Originally posted by hbick2

My wife and I have a standard joke. When my band would go out and play a festival or I would go to a fiddler's convention, I would always take two cases. One of them was empty.


Great idea!

Oct 27, 2020 - 10:03:48 PM

210 posts since 10/8/2018

quote:
Originally posted by banjowannabe

Those spousal dynamics around money are always a touchy subject. I'm not a big collector, but after 43 years of not losing money on most purchases and making some money on others, she didn't blink when I told her about my most recent plan to acquire a new guitar. I gave a silent sigh of satisfaction.


I have been only doing this for a few years and as I have never sold one  the jury is still out as to weather I've lost money!

Oct 30, 2020 - 6:27:50 PM

10864 posts since 10/27/2006

You paid $900 for that????

Ok, I'm jealous.

That one blank inlay... Getting a pearl blank to match, then having it engraved in the right style won't be inexpensive. OTOH,  it will play just as nicely if you never touch it.

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