An Orpheum $2 in excellent condition could bring more than $3000. Given the access allowed by the Internet, the value could fluctuate. It all depends on the availability, the demand and the economy.
The orpheum #2 banjo is hard to find for sale on the internet, but a few websites found are selling this type of banjo from six hundred to fifteen hundred dollars, with the average being around $750
You're average Orpheum #2 banjo is moderately priced... probably $200-$300 dollar. Its the number one banjo that is so pricey. There weren't liminted numbers made.
The value of a banjo would depend on when the banjo was made, by what manufacturer and the condition of the banjo. A typical value is between 4-7 hundred dollars.
