I'm borrowing from a close friend a banjo and I think he wants to sell it. Neither of us know how much it's worth. "Celebrated Benary" 5 string banjo made in 1891. It has no inlay, but seems soundly made and is in good, playable condition (but what do I know?)). According to Mugwumps (who sold it to him) "Robert H. Benary & Son was a major NYC wholesale & importing company from circa 1880, selling a full range of musical instruments. He claimed to be a manufacturer, but his instruments were imported or made for him and labeled by manufacturers in business to supply instruments to the trade. He was issued a patent in 1886 for a banjo tailpiece. "Celebrated Benary" marked banjos date from the 1890-1898 range and come in a variety of decoration, but they were made by Buckbee and in most respects are identical to their other low to mid-range products. In mid-1890s the company name was changed to "Metropolitan Musical Instrument Co."

Does anyone have an idea of it's value? Opinions? Thanks in advance, Chance