Japan had some excellent factories making high-quality banjos in the 70s. What Scott Zimmerman (Desert Rose) said on this thread tells a pretty good chunk of the story. The flame war that you read on banjohangout does have some gold (or at least silver) flecks amongst the silt. Would my time be better spent selling it and buying a better banjo, or taking the time to improve this one? Who knows of Morgan Monroe's history? When did the Palisade come out? Is the Palisade a good banjo, or is it just really pretty? Any place I found them sold online (mostly sold out) were from $1k to $1.4K. So, I'm turning to /r/banjo, who's generally more knowledgeable and even tempered compared to the few other banjo based forums, to find out more. I've found a couple of petty forum flame wars where people argued about their quality, as it may have come from China, and to some that means it's automatically crap. There isn't even a wikipedia page for Morgan Monroe. Morgan Monroe's own website doesn't have the banjo listed, and doesn't even have an "about us" section. I, being an internet addicted fool, decide I wanted to learn more about this magnificent beast. There's some slight buzzing, but I figure it hasn't really been taken great care in the past however many years, and I can get it serviced to sound perfect. The brass tone ring gives it a sound I expect out of a banjo. The ornate gold plating really stands out. Truth is, he's played guitar all his life but found the banjo just too hard. So I ask my dad how his banjo playing is coming along, and he's hardly touched the thing. Since 6 months of playing that, it hasn't given me the sound I want, and actually seems more like a banjo shaped guitar than a banjo because of it's lack of metal tone ring (I think). After about 6 months, I slightly upgraded to the Mitchell MBJ200. So he goes out to a West Virginian pawn shop and buys the Morgan Monroe for $1k. When I started playing, my father (who sometimes seems like he has more money than he knows what to do with) got a bit jealous and wanted to learn too.
Last year I bought my first starter banjo for under $200.
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