Four bidders over $5500 but still lost on this banjo. I was impressed and surprised:
https://www.ebay.com/itm/225265967107
https://ebay.com/itm/225265967107
This same banjo sold for over 6700 a few days ago.
That's an amazing banjo. I'm no banjo historian, but hopefully others like @joelhooks will chime in!
These type of banjos are popular with the aristocracy collectors. The price is no surprise to me.
I can think of a few people who would be motivated to have it, and it only takes two to run the price up.
Outside of that circle of a few people, I doubt there would be much of a market at this price point.
Probably just belongs in a museum. If you try to make it playable the value will decrease significantly.
quote:
Originally posted by Joel HooksThese type of banjos are popular with the aristocracy collectors. The price is no surprise to me.
I can think of a few people who would be motivated to have it, and it only takes two to run the price up.
Outside of that circle of a few people, I doubt there would be much of a market at this price point.
Occasionally sales like this are also driven by some spill-over from early American folk art/craft collector circles... folks who are interested more in it's construction and decoration, and may not actually care that it's a banjo.
I know who purchased this banjo. Won't reveal who of course, but rest assured that it's in good hands, and someone who will treat it properly.
