Gibson TB-0 #8040-41
The least expensive banjo produced by Gibson in the 1920s with the exception of the "Junior" model was the style 0. This model featured a bracket shoe rim, simple steel hoop tone ring, no resonator, dot inlays, and a silkscreened "The Gibson" logo. This example of one of Gibson's most humble but still well-made banjos was rescued from dire straits by its current owner:
"I got the banjo shown about six years ago at an outdoor farmhouse estate auction when I purchased for $5 (yes five) a lot of two items titled "Electric Guitar and other" that were apparently found in the barn according to the auctioneers. It had rained the previous night and the banjo was under the guitar on the muddy ground beneath a table full of china. The guitar was rusted out (I dropped it in a trash bin as I walked to my car), but when I saw this little Gibson banjo underneath, I knew it needed a good home. No one else even bid on it."