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Nice banjo!!! I am no expert but I think you might have a rare banjo there. Framus went tits up in 1975 (it was recession not the quality of gear that bankrupt them) So unless they have revived since then or its a copy it would be at least 31 years old. I think what would make it more collectable would be that its in yellow metal as opposed to silver. It might not be worth mega bucks but I would imagine its fairly unique. If its a Framus it would have been made in Germany. Framus started up just after ww2 so its certainly not older than that, I reckon it would be early 70's when they jazzed up their instruments with intricate inlays and metal work. Their guitars were meant to be pretty good too, also quite collectable. Doesnt look like its been used much, where did you get it? Finally i would most definately say you have a finer taste in banjos than you do in socks!!!