# Gibson Mastertone Banjo — resale value

**Gibson Mastertone Banjo** is worth about **$5,000**, based on real closed eBay sales.

## Value

| Condition | Value (USD) |
| --- | --- |
| Used | $5,000 |

Values are medians of real closed eBay sales, updated 2026-07-25. They are estimates for reference, not offers or appraisals — condition, completeness and edition move them a lot, so compare against the sold listings before pricing anything.

## Check the market

- [Sold listings on eBay](https://junkpal.ai/api/go?to=https%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_nkw%3DGibson%2520Mastertone%2520Banjo%26LH_Sold%3D1%26LH_Complete%3D1%26mkcid%3D1%26mkrid%3D711-53200-19255-0%26siteid%3D0%26campid%3D5339166094%26toolid%3D10001%26mkevt%3D1%26customid%3Dmd-sold&p=md-sold) — the closed sales these medians are computed from
- [Live listings on eBay](https://junkpal.ai/api/go?to=https%3A%2F%2Fwww.ebay.com%2Fsch%2Fi.html%3F_nkw%3DGibson%2520Mastertone%2520Banjo%26mkcid%3D1%26mkrid%3D711-53200-19255-0%26siteid%3D0%26campid%3D5339166094%26toolid%3D10001%26mkevt%3D1%26customid%3Dmd-live&p=md-live) — what sellers are asking right now

eBay links are affiliate links: JunkPal may earn a commission at no cost to you.

## Details

| Field | Value |
| --- | --- |
| Brand | Gibson |
| Model | Mastertone Banjo |
| Year | 1928–1974 |
| Used range | $2,899 – $5,000 |
| Sample size | 2 listings |
| Category | Folk Instruments |

## Gibson Mastertone Banjo resale value

The used Gibson Mastertone Banjo has a median Reverb asking price of **$5,000**, ranging from $2,899 to $5,000 across 2 current listings.

### What drives the price

For a used instrument, tonewoods, setup/playability, and originality move the price most. Vintage and limited runs command a premium; player-grade and modified examples sell for less.

## FAQ

**What is the typical resale value range for a used Gibson Mastertone Banjo?**

Used Gibson Mastertone Banjos generally fall within the $2,899 to $5,000 price range.

**What years were the Gibson Mastertone Banjos produced?**

This model was manufactured by Gibson between 1928 and 1974.

**How many Gibson Mastertone Banjos are currently listed on JunkPal?**

We currently have 2 listings available for the Gibson Mastertone Banjo.

---

Full price guide: https://junkpal.ai/products/gibson-mastertone-banjo-folk-instruments-reverb
How these values are computed: https://junkpal.ai/methodology
Cite as: "JunkPal price guide value as of 2026-07-25, based on real sold listings (junkpal.ai)"