A good 5 string banjo made in Germany by Kay. There are a great many of these instruments about and while they may lack the charm of older English or American banjos, they are well built and attractive looking instruments. The rims tend to be a little thin but you can still get a nice ‘clop’ from them.
I’ve given this one a set up and it’s now playing well. I changed the broken original tuners for some cheap Chinese geared rotary tuners. I ordered a few sets of these direct from China and have had mixed results with them. They work but are a bit clunky. The resonator is only attached in one place as it’s missing three of the four threaded attachment points.
£250