Steve, you have already read this,

There was this comic that told a story about an ax he owned. He said it was the one that G. Washington used to chop down the cherry tree. But the head had been replaced and so had the handle. When does a Gibson banjo stop being a Gibson and becomes a copy with Gibson parts? Is a Mastertone still a Mastertone with an after market tone ring i.e. a Tenn. 20 or a Huber, etc.? If Gibson didn't make the neck and if it doesn't have a Mastertone tone ring can you still call it a Mastertone? The one on Ebay doesn't have a Gibson neck, no Mastertone ring. It's only the resonator, rim, flange, hoop and tail piece. To me that's like the comic's G. Washington ax. That's why I only do Complete 5-string Mastertones. No TBs, no renecks, no G. Washington ax's.

The guy is trying to sell the "Per-War" mystique.It's worth the 20 grand to someone but not to me. I like my banjo whole. (I own three pre-war Mastertone 5-strings)It probably was a great little tenor banjo (and still is) and it should have been keep that way. In years to come there will be no more TBs and that's sad. I can see the future were Dixie Land music is having it's day and there will be all these guys ripping the 5-string necks off Stellings and sticking 4-string necks on all those Staghorns. LOL