String Banjo

How much should I spend on my First Ever 5-String Banjo?

Hi! I am thinking of getting a 5-string banjo but I have absolutely no idea how much I should spend on one. I am thinking of getting either the Maestro 5 String Banjo for £55 reduced from £140 or the Blue Moon 5 String Open Back Banjo. Please help me. Is this the right choice for a beginner? Thank you all!

Washburn makes very nice banjos. You can pick one up for only about $150. If you're handy, you can make your own banjo. I used to own a Washburn but had to sell it, so I made a couple of my own banjos. One is a mountain (Appalachian) style banjo, the other is a cookie tin banjo. That one was incredibly easy to make, and although it sounds different from a bluegrass banjo (it sounds more metallic) it's still fun to play, and sounds good. You can see pictures here:http://flickr.com/photos/resistzine/sets/72157603324916027/
You can fine help building one here: http://launch.groups.yahoo.com/group/homemade_musical_instruments/

Discover String Banjo On eBay Below:

Antique 4 String Open Back Banjo Slingerland
Antique 4 String Open Back Banjo Slingerland
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Hotaka 5 String Resonator Banjo Circa 1970 Brown Made in Japan w HSC
Hotaka 5 String Resonator Banjo Circa 1970 Brown Made in Japan w HSC
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Vintge Beltone NO 25 8 String Banjo Mandolin Banjolin
Vintge Beltone NO 25 8 String Banjo Mandolin Banjolin
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VINTAGE MAPES MUSICAL STRINGS BOX  STRINGS
VINTAGE MAPES MUSICAL STRINGS BOX STRINGS
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Vintage Banjo Case w Ralph Stanley  God Painting Five String
Vintage Banjo Case w Ralph Stanley God Painting Five String
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No Name 20 Hook Banjo Mandolin Banjolin Double Rolled German Silver Pot PROJECT
No Name 20 Hook Banjo Mandolin Banjolin Double Rolled German Silver Pot PROJECT
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Vintage Set of NMS Black Diamond Tenor Banjo Strings NOS
Vintage Set of NMS Black Diamond Tenor Banjo Strings NOS
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1950s 1960s Harmony Roy Smeck Tenor 4 String Banjo Vintage Rare Case
1950s 1960s Harmony Roy Smeck Tenor 4 String Banjo Vintage Rare Case
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Rich and Taylor Banjo 5 string good condition used
Rich and Taylor Banjo 5 string good condition used
$2,550.00
VINTAGE GRETSCH EAGLE BRAND UKULELE STRINGS 1 THUR 4
VINTAGE GRETSCH EAGLE BRAND UKULELE STRINGS 1 THUR 4
$10.00
4 String Roundback Wildwood Dulcimer Banjo Variegated Walnut  Lacewood
4 String Roundback Wildwood Dulcimer Banjo Variegated Walnut Lacewood
$257.36
Heartland 4 String Roundback Wildwood Dulcimer Banjo Walnut
Heartland 4 String Roundback Wildwood Dulcimer Banjo Walnut
$257.36
Antique Open Back 5 String 18 Fret Parlor Banjo Maker Unknown P R
Antique Open Back 5 String 18 Fret Parlor Banjo Maker Unknown P R
$102.50
Harmony Banjo Neck 5 String Short Scale Luthier Parts Cigar Box Bluegrass ZB34
Harmony Banjo Neck 5 String Short Scale Luthier Parts Cigar Box Bluegrass ZB34
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Exquisite Professional instrument 4 string Banjo Set Wood Color
Exquisite Professional instrument 4 string Banjo Set Wood Color
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Professional Concert durable 4 string Banjo Set with Exquisite Carry Bag
Professional Concert durable 4 string Banjo Set with Exquisite Carry Bag
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MUSIMA BANJO 4 string RARE Soviet Vintage USSR DDR
MUSIMA BANJO 4 string RARE Soviet Vintage USSR DDR
$149.00
Vintage Sovereign banjo 4 string
Vintage Sovereign banjo 4 string
$350.00
Vintage 1930 Kerschnerr Unique Four String Banjo Tailpiece USA Made
Vintage 1930 Kerschnerr Unique Four String Banjo Tailpiece USA Made
$125.00
Vintage Mele BJ NY 205 4 String Banjo Ukulele with Owl Motif
Vintage Mele BJ NY 205 4 String Banjo Ukulele with Owl Motif
$90.00
1923 Vega Tu Ba Phone Style X 4 String plectrum Banjo with pie back resonator
1923 Vega Tu Ba Phone Style X 4 String plectrum Banjo with pie back resonator
$1,800.00
Vintage Kay 5 String Banjo With Case
Vintage Kay 5 String Banjo With Case
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Circa 1900s 5 string banjo project
Circa 1900s 5 string banjo project
$51.00
GRETSCH EAGLE BRAND BANJO STRINGS 1 THUR 5
GRETSCH EAGLE BRAND BANJO STRINGS 1 THUR 5
$10.00
The Gibson banjo 1920 4 strings serial  11054A 84 open
The Gibson banjo 1920 4 strings serial 11054A 84 open
$750.00
Vintage Extremely Rare 8 String Sovereign by Oscar Schmidt Melody banjo USA 1920
Vintage Extremely Rare 8 String Sovereign by Oscar Schmidt Melody banjo USA 1920
$34.00
Tenor banjo with resonator good condition new strings with case and book
Tenor banjo with resonator good condition new strings with case and book
$215.00
Set of Vintage 4 Strings Banjo Grover Perma Tension Tuners Pegs for Project
Set of Vintage 4 Strings Banjo Grover Perma Tension Tuners Pegs for Project
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1927 Gibson TB 3 5 String Conversion Banjo
1927 Gibson TB 3 5 String Conversion Banjo
$3,200.00
Vintage unique 4 string banjo guitar custom Mrs Smith pie plate Estate find
Vintage unique 4 string banjo guitar custom Mrs Smith pie plate Estate find
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Vintage Bacon Peerless Special 5 string conversion banjo Circa 1926
Vintage Bacon Peerless Special 5 string conversion banjo Circa 1926
$999.00
Harmony vintage 5 string banjo
Harmony vintage 5 string banjo
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