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Dec 7, 2021 - 10:44:46 AM
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5680 posts since 10/12/2009
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Dec 7, 2021 - 10:59:02 AM

12594 posts since 6/2/2008
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Is it worth even 1/10 what he's asking?

Is this model with the external holes in the tone ring the first Mastertone?

If the pot's all there minus a few hooks, that's pretty good, right?

Dec 7, 2021 - 11:30:30 AM

1663 posts since 5/19/2018

Picked one up just like it recently, past year or so. Near perfect condition. Under 2500.

I’m hoping that the seller got his decimal point wrong. Even then, 3900+ is very optimistic.

Dec 7, 2021 - 11:41:37 AM

YellowSkyBlueSun

Virgin Islands (U.S.)

614 posts since 5/11/2021

He admits he doesn't know much about banjos. This one at least looks like an ignorant seller rather than an outright scam like you usually see. I bet he just saw that it was a "prewar mastertone", did a 5 minute google of what they're worth, and listed it.

One thing I'm always surprised about is when people don't include "best offer" as an option in these situations.

Dec 7, 2021 - 11:49:34 AM
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Bill Rogers (Moderator)

USA

25533 posts since 6/25/2005

Optimistic? Ignorant? I’ll go for delusional.

Dec 7, 2021 - 12:19:11 PM

2252 posts since 1/4/2009

chill guys, hes only got it listed for 34,000 more than its worth. atleast its a real gibson?

Dec 7, 2021 - 12:27:32 PM
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doryman

USA

1118 posts since 11/26/2012

For that price, you'd think that the shipping would be free.

Dec 7, 2021 - 12:55:14 PM

10 posts since 10/31/2010

Call me cynical, but it just looks like someone trying to capitalize on a buyer's mistake of not doing their own research. I mean, I wouldn't have much sympathy for the poor fool (rich fool?) who pays $35k for that pile of banjo pieces, but I also wouldn't be patting the buyer on the back for successfully pulling a fast one on somebody. That kind of attitude makes the world a worse place, eh?

Great suggestion about free shipping @doryman! Haha

Edited by - cmeimgee on 12/07/2021 12:55:23

Dec 7, 2021 - 1:02:33 PM
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12594 posts since 6/2/2008
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quote:
Originally posted by cmeimgee

Call me cynical, but it just looks like someone trying to capitalize on a buyer's mistake of not doing their own research. I mean, I wouldn't have much sympathy for the poor fool (rich fool?) who pays $35k for that pile of banjo pieces...


I think anyone who is willing and able to drop $35,000 on a banjo knows that this one isn't worth anywhere near that much.

I agree this is a seller who has done only minimal research and really thinks he has something rare and valuable here.

I'm going to write him a very short note. I wouldn't be surprised if he doesn't find my comment helpful. I expect a "mind your own business" type of reply. Wouldn't be the first time.

Dec 7, 2021 - 1:15:42 PM
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10 posts since 10/31/2010

I wrote him a note too. It contained actual helpful suggestions, but also some snark ... because man it was hard to resist.

His ad did make me laugh a bit too.

"I am by no means any kind of expert on banjos...In my opinion it appears to be in very good, solid condition..."

Dec 7, 2021 - 2:20:11 PM
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12594 posts since 6/2/2008
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I don't think I was snarky. Didn't think that would be helpful. Here's what I wrote. You all be the judges:

Hi.

I mean this in all kindness: This banjo isn't worth 1/10 what you're asking.

Yes, some pre-war Gibsons are worth 5 figures. Even 6 figures. Those would be original 5-string flatheads with one-piece flange. This is a 4-string archtop with two-piece flange. Compare against other "TB" models that have not been converted to 5-string and you'll see I'm right.

I'm pretty sure this doesn't sell until the price gets to $3500 or less.

Good luck.

 

That's what I wrote. But on second thought, who am I to say this isn't worth $4000 or more? It's not like they're making any more of them.

Edited by - Old Hickory on 12/07/2021 14:20:41

Dec 7, 2021 - 2:37:19 PM
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904 posts since 5/22/2021

They want a unfortunate folk to pay $35,000+ DOLLARS for the banjo, and yet still pay 62 dollars and 30 cents in shipping?!?!? Crazy!

Dec 7, 2021 - 4:11:53 PM
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301 posts since 7/29/2011

I enjoy these threads.
Reading the Collector's Corner sub-forum is very educational and the threads on grossly overpriced banjos are funny.
I add the ridiculous listings to my eBay watchlist.

Dec 7, 2021 - 4:56:37 PM

904 posts since 5/22/2021

Dec 7, 2021 - 6:18:33 PM
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Players Union Member

RioStat

USA

5680 posts since 10/12/2009
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quote:
Originally posted by BeeEnvironment

What is this, folks?
ebay.com/itm/224649927864?hash...wGSFhayYM


It's called hijacking a thread, that's what it is !  devil

Dec 7, 2021 - 7:04:42 PM
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2252 posts since 1/4/2009

quote:
Originally posted by BeeEnvironment

What is this, folks?
ebay.com/itm/224649927864?hash...wGSFhayYM


The listing says the man holding the beer comes with the skeleton. I havnt kept up with the human trafficking market but that could be market price. 

Dec 7, 2021 - 7:38:16 PM
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164 posts since 8/8/2009

Looking at it, I’m assuming he found it in a creek.

Dec 7, 2021 - 9:31:16 PM
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4089 posts since 5/29/2011

quote:
Originally posted by Bill Rogers

Optimistic? Ignorant? I’ll go for delusional.


Funny you should mention that Bill. I have a sublist under my Watch List that I titled Delusional just for this kind of listings. That's where I saved this one to.

Dec 8, 2021 - 8:31 AM
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4089 posts since 5/29/2011

quote:
Originally posted by Old Hickory

Is it worth even 1/10 what he's asking?

Is this model with the external holes in the tone ring the first Mastertone?

If the pot's all there minus a few hooks, that's pretty good, right?


The model with the holes around the tone ring skirt is from 1925. Those are the first Mastertones.

The pot looks pretty sound except for a little water damage on the resonator. I used to have a ball bearing TB3 conversion with water damage in the same spot. I think your comment to the seller was spot on but I doubt he will be responsive to it. And no, it is not worth a 10th of what he's asking. In it's current condition it might fetch $2500. If it was in pristine condition it might fetch $3500 if someone wanted a ball bearing badly enough.

Dec 8, 2021 - 8:37:44 AM
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12857 posts since 1/15/2005
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Calling him ignorant is an insult to ignorant people! Beyond delusional!

Dec 8, 2021 - 9:38:12 AM
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1201 posts since 11/17/2005
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I was very interested in this banjo until I saw this, "The string tightener pegs may have been replaced?".
That is a deal killer!

Dec 8, 2021 - 3:03:47 PM
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11934 posts since 10/27/2006

quote:
Originally posted by jason999

I was very interested in this banjo until I saw this, "The string tightener pegs may have been replaced?".
That is a deal killer!


Well, maybe the string loosener pegs are in the case pocket, right?

Dec 8, 2021 - 3:24:45 PM
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4735 posts since 11/20/2004

My initial thinking when looking at the pictures was 1500 to a max of 2000 in current condition. The nicer ones I have seen for sale were not highly valued, if my memory is correct. I watched them for a few years, while I owned my '26 model.

Dec 8, 2021 - 8:32:21 PM
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2623 posts since 10/17/2013

You guys don't understand...this is a "rare, vintage, hard-to-find, one-off, floor sweep, custom ordered, factory original, antique" example of a bad looking, horribly mistreated Gibson banjo.

Dec 8, 2021 - 8:34:27 PM
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2623 posts since 10/17/2013

quote:
Originally posted by mikehalloran
quote:
Originally posted by jason999

I was very interested in this banjo until I saw this, "The string tightener pegs may have been replaced?".
That is a deal killer!


Well, maybe the string loosener pegs are in the case pocket, right?


You'll be the death of me.

String loosener pegs.

HEH!!!

laugh

Dec 9, 2021 - 5:59:04 PM

2623 posts since 10/17/2013

Here is a 1930's Style 3 banjo that was converted to five string, currently for sale on Reverb:

https://reverb.com/item/30867199-1930-gibson-original-pre-war-flathead-style-3-banjo-converted-to-5-string

 

Only a complete ignoramus would try to sell that 1925 Gibson for significantly more than HALF of what the Reverb Gibson is listed at.

I might just get one of Hohwald's SUPER-affordable banjos, now. 
 

That 1925 Gibson is NOT "for sale" at that price.

 I've never seen such stupidity.

It defies any logic.

 For sale my foot!

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