I've had problems posting pictures using Photobucket. Anyhow, here's what the dealer said about this particular banjo:
"The neck is original to the pot. Top of the back of the headstock has been tapered, donít ask me why,
heel-cap replaced with ebony and neck refinished.
Pot appears original, but wood-rim refinished. Original Dowel-stick, with repair at the end.
No real playing wear, Star inlay on fingerboard is after-market.
Great action, sound and playability. Original hard case."