A formby uke for auction
Simply described as  Lot 457. Gibson banjolele in case. It was bought at the auction by the first president of the GFS, Bill Logan and eventually sold to GFS member, the late Terry Wallin from Birmingham. This instrument is now coming up for auction on 29 June - 01 July 2017 at Hansons Auctioneers and Valuers at Etwall, Derbyshire. Now described in far more detail than in the original auction in 1961, it is allocated lot number 563 with an estimated value of £20,000 to £30,000. Formby owned 19 instruments and it is known that this one was little used either in his films or on stage. The descriptions states: Lot Number: 563 George Formby (British, 1904-1961). His Gibson concert banjolele, serial No.132, four strings, triple mother of pearl inlaid discs to the neck, the skin held in place by by sixteen clamps, length 55cm Provenance: The banjolele was purchased at auction in 1972 by a Birmingham member of The George Formby Society, the late Mr Wallin. It was purchased by the previous owner Mr Bill Logan (President of the George Formby Society) as Lot 457 from J. Entwistle & Co of Lytham St Annes, Lancashire on 21st June 1961. The said Auctioneers were the agents duly appointed to dispose of the effects of the late George Formby Esq. The purchase of the banjo by Mr Wallin in 1972 for 310 was covered in the Erdington News with an image of the new owner with the instrument in question. Offered with the paperwork provenance of authenticity, photographs of Mr Wallin and copies of The Vellum, including the Spring 2000 issue featuring this banjolele Condition Report: Wear in accordance with age and usage Estimate: £20000.00 - £30000.00
One of nineteen owned by the star
TERRY WALLIN WITH LOT 457
This is a article from a past issue of the Society’s magazine, The Vellum which shows the letter Bill Logan wrote to Terry Wallin when Terry purchased the instrument.
The instrument indicated by the red outline is the instrument which is available in the auction. This images is taken from the original auction of Lot 457 in 1961 - click the image for better view.
Thanks to Lewis Clifton for his help with this page
The auction has taken place and after great interest from the media both in the UK and around the world, the Gibson was sold to a person residing in the UK for a fee of £28,500. Terry Wallin paid £310 for the instrument when he bought it from the first President of the George Formby Society, Bill Logan in 1972. Auctioneer Charles Hanson said a round of applause echoed around the room as it was sold. "It was a great honour to handle it. It was quite a moment," he added. "The room gave a round of applause. It's memories, as an auctioneer, you don't forget. "It is simply a banjolele which ordinarily is worth maybe £400, but with the provenance, with who it belonged to, with that story, fascination... We pumped on a guide of between £20,000 and £30,000 and thankfully it came good." The BBC News website has created a nice page on the event but has incorrectly stated that a third Gibson realised £72,000 when it was bought by Queen lead guitarist Brian May in 2008. In fact Brian May bought George Formby’s most famous instrument, the Abbott which he used both in films and in his stage shows (amongst other instruments).
A formby uke for auction
Simply described as  Lot 457. Gibson banjolele in case. It was bought at the auction by the first president of the GFS, Bill Logan and eventually sold to GFS member, the late Terry Wallin from Birmingham. This instrument is now coming up for auction on 29 June - 01 July 2017 at Hansons Auctioneers and Valuers at Etwall, Derbyshire. Now described in far more detail than in the original auction in 1961, it is allocated lot number 563 with an estimated value of £20,000 to £30,000. Formby owned 19 instruments and it is known that this one was little used either in his films or on stage. The descriptions states: Lot Number: 563 George Formby (British, 1904-1961). His Gibson concert banjolele, serial No.132, four strings, triple mother of pearl inlaid discs to the neck, the skin held in place by by sixteen clamps, length 55cm Provenance: The banjolele was purchased at auction in 1972 by a Birmingham member of The George Formby Society, the late Mr Wallin. It was purchased by the previous owner Mr Bill Logan (President of the George Formby Society) as Lot 457 from J. Entwistle & Co of Lytham St Annes, Lancashire on 21st June 1961. The said Auctioneers were the agents duly appointed to dispose of the effects of the late George Formby Esq. The purchase of the banjo by Mr Wallin in 1972 for 310 was covered in the Erdington News with an image of the new owner with the instrument in question. Offered with the paperwork provenance of authenticity, photographs of Mr Wallin and copies of The Vellum, including the Spring 2000 issue featuring this banjolele Condition Report: Wear in accordance with age and usage Estimate: £20000.00 - £30000.00
One of 19 owned by the star
TERRY WALLIN WITH LOT 457
The instrument indicated by the red outline is the instrument which is available in the auction. This images is taken from the original auction of Lot 457 in 1961.
This is a article from a past issue of the Society’s magazine, The Vellum which shows the letter Bill Logan wrote to Terry Wallin when Terry purchased the instrument.
Thanks to Lewis Clifton for his help with this page
The auction has taken place and after great interest from the media both in the UK and around the world, the Gibson was sold to a person residing in the UK for a fee of £28,500. Terry Wallin paid £310 for the instrument when he bought it from the first President of the George Formby Society, Bill Logan in 1972. Auctioneer Charles Hanson said a round of applause echoed around the room as it was sold. "It was a great honour to handle it. It was quite a moment," he added. "The room gave a round of applause. It's memories, as an auctioneer, you don't forget. "It is simply a banjolele which ordinarily is worth maybe £400, but with the provenance, with who it belonged to, with that story, fascination... We pumped on a guide of between £20,000 and £30,000 and thankfully it came good." The BBC News website has created a nice page on the event but has incorrectly stated that a third Gibson realised £72,000 when it was bought by Queen lead guitarist Brian May in 2008. In fact Brian May bought George Formby’s most famous instrument, the Abbott which he used both in films and in his stage shows (amongst other instruments).
Original bought by Bill Logan in 1961