Gibson TB-2 #9469-49

The style 2
of the 1930s was the highest-priced non-Mastertone model,
selling for $75 when the entry-level Mastertone,
style 3, was $100.
Style 2 banjos are relatively scarce,
perhaps because a player considering one could get a Mastertone for just $25
more. The style 2 of the 1920s had
been made of plain maple with a dark finish and featured "bracket shoe"
construction and the same inlay pattern that was used on Nick Lucas artist model
guitars. Circa 1929, style 2 was
completely revamped with one-piece flange construction, walnut neck and
resonator, and a pearloid fingerboard and peghead overlay with stenciled
silkscreen designs. The tailpiece was upgraded from the Grover "first
model" used on other non-Mastertone models to the Grover Presto as seen on
style 3 Mastertones.
This example is from the first known lot of such redesigned style 2 banjos. Stickers were added to the banjo and case by a former owner. The banjo surfaced in Philadelphia and may have been owned by a participant in the annual Mummers Parade held there on New Year's Day.
Photos courtesy of an anonymous collector.