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Banjos

Banjos originated in Africa. The first banjo to be recorded by a Western explorer was observed in 1620 by a ship captain on the Gambia River. It had a body made from a gourd and an animal skin stretched over the rim. During the 1800s, African slaves brought to the United States constructed their own banjos, as the materials needed were easily obtained. Banjos gained popularity with white audiences during the 1820s and 1830s when minstrel shows appeared. These shows used white performers in blackface that portrayed African Americans in a comic light.

Beginning in the 1870s, banjos appeared with frets, steel rings, tone rings, and resonators. These innovations are primarily attributed to banjo player Henry C. Dobson and banjo craftsman J.H. Buckbee. Banjos gained further popularity in the '20s through radio performances. Major manufacturers of banjos emerged during this period, including Gibson, Vega, Bacon & Day, Paramount, and Epiphone.

With a few exceptions, banjos that were highly desired by musicians at the time they were new are the antique banjos most highly desired by collectors today. Collectors should be careful of condition when purchasing an antique banjo, checking for cracks, warps, and repairs. Collectors should also be familiar with antique banjos before purchasing unmarked instruments.


Quick Facts

  • Pre-war Gibson banjos became elevated in value when bluegrass musician Earl Scruggs became famous recording and playing concerts on an old five-string pre-war Gibson banjo. Today, Gibson pre-war banjos typically sell for $3,000 to $5,000
  • A 1929 Gibson Mastertone PB-3 Arch top five-string Plectrum banjo is currently valued at $35,000. It is the only one known to exist

  • Earl Scruggs' Gibson RB-Granada Mastertone five-string banjo is now a part of the Precious Jewels display at the Country Music Hall of Fame in Nashville, Tennessee
  • Recommended Items at Auction

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    Vintage Iida 5-String Model 230 Banjo
    May 10, 10:00 AM EDT
    Vintage Iida 5-String Model 230 Banjo
    by Mebane Antique Auction
    Est: $100- $10,000
    $1208 Bids
    GRETSCH BANJO
    Apr 26, 10:00 AM EDT
    GRETSCH BANJO
    by Farrin's Country Auctions
    Est: $0- $0
    $302 Bids
    JIADA BANJO
    Apr 26, 10:00 AM EDT
    JIADA BANJO
    by Farrin's Country Auctions
    Est: $0- $0
    $302 Bids
    GRETSCH BANJO
    Apr 26, 10:00 AM EDT
    GRETSCH BANJO
    by Farrin's Country Auctions
    Est: $0- $0
    $302 Bids
    FENDER BANJO
    Apr 26, 10:00 AM EDT
    FENDER BANJO
    by Farrin's Country Auctions
    Est: $0- $0
    $302 Bids
    BANJO
    Apr 26, 10:00 AM EDT
    BANJO
    by Farrin's Country Auctions
    Est: $0- $0
    $201 Bid
    FENDER BANJO
    Apr 26, 10:00 AM EDT
    FENDER BANJO
    by Farrin's Country Auctions
    Est: $0- $0
    $201 Bid
    GATCOMB BANJO
    Apr 27, 11:00 AM EDT
    GATCOMB BANJO
    by White's Auctions
    Est: $200- $400
    $1000 Bids
    WEYMANN BANJO
    Apr 27, 11:00 AM EDT
    WEYMANN BANJO
    by White's Auctions
    Est: $200- $400
    $1000 Bids
    FAIRBANKS VEGA 4 STRING BANJO
    Apr 27, 11:00 AM EDT
    FAIRBANKS VEGA 4 STRING BANJO
    by White's Auctions
    Est: $200- $400
    $1000 Bids
    WINDSOR #2 BANJO WITH ORIGINAL CUSTOM CASE.
    Apr 27, 11:00 AM EDT
    WINDSOR #2 BANJO WITH ORIGINAL CUSTOM CASE.
    by White's Auctions
    Est: $400- $600
    $2000 Bids
    AVALON BANJO
    Apr 27, 11:00 AM EDT
    AVALON BANJO
    by White's Auctions
    Est: $100- $200
    $500 Bids
    VEGA FAIRBANKS TYPE BANJO.
    Apr 27, 11:00 AM EDT
    VEGA FAIRBANKS TYPE BANJO.
    by White's Auctions
    Est: $200- $400
    $1000 Bids
    CLAROPHONE 4 STRING BANJO
    Apr 27, 11:00 AM EDT
    CLAROPHONE 4 STRING BANJO
    by White's Auctions
    Est: $200- $400
    $1000 Bids
    Miniature Banjo
    May 12, 5:00 PM EDT
    Miniature Banjo
    by Atlee Raber Auctioneer
    Est: $0- $0
    $50 Bids
    VINTAGE HANDMADE BANJO FOR SMALL CHILD
    Apr 30, 9:00 AM EDT
    VINTAGE HANDMADE BANJO FOR SMALL CHILD
    by Affiliated Auctions & Realty LLC
    Est: $60- $120
    $200 Bids
    bp parity badge
    THOMPSON & ODELL ARTIST LINE BANJO Boston, Late 19th Century Length approx. 34.5".
    May 16, 9:30 AM EDT
    THOMPSON & ODELL ARTIST LINE BANJO Boston, Late 19th Century Length approx. 34.5".
    by Eldred's
    Est: $300- $500
    $1500 Bids
    SLINGERLANDS NITE HAWK 4 STRING BANJO
    Apr 27, 11:00 AM EDT
    SLINGERLANDS NITE HAWK 4 STRING BANJO
    by White's Auctions
    Est: $400- $600
    $2000 Bids
    VEGA BANJO
    Apr 27, 11:00 AM EDT
    VEGA BANJO
    by White's Auctions
    Est: $200- $400
    $1000 Bids

    Sellers Who Sell Banjos


    White's Auctions

    White's Auctions

    Farrin's Country Auctions

    Farrin's Country Auctions

    Eldred's

    Eldred's

    Affiliated Auctions & Realty LLC

    Affiliated Auctions & Realty LLC