1923 Gibson F-5 mandolin beats estimate by 11.1%

paulfrasercollectibles

2015-06-26 13:01:20

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1923 Gibson F-5 mandolin beats estimate by 11.1%

A rare 1923 model of the Gibson F-5 mandolin sold for $100,000

A Gibson F-5 Master Model mandolin has sold with excellent results as part of a US auction of fine musical instruments held on October 14.

Gibson F-5 Mandolin signed LoarThe F-5 represents the pinnacle of Gibson's craftsmanship

Against a $70,000-90,000 estimate, the mandolin sold for $100,000, achieving an 11.1% increase on estimate.

The F-5 style Gibson, one of the most sought after mandolins available to collectors, is renowned for the superb level of craftsmanship used in its production, as well as its rich tone. Particularly coveted by bluegrass musicians, just 228 of the 326 originally produced are known to have survived.

Gibson began producing mandolins around 1900, with their scroll-bodied models designated the letter F. This letter was then suffixed with numbers between one and four, representing a greater quality of material and production used as the number increased.

The F-5, which represents the pinnacle of workmanship and the finest possible materials, was released in 1922, with each example produced under the command of Gibson's master luthier, Lloyd Loar. When satisfied with each particular model, Loar would sign the piece before it was dispatched for sale.

The F-5 at auction was approved by Loar on June 13, 1923 and was auctioned in excellent condition with all its original parts. Only the Virzi Tone Producer was removed, which is common in mandolins of this age as bluegrass musicians tend to prefer the instrument without the mellow tone it produces.

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