Karasik Mandolin Project

An invest­ment in
playable his­to­ry.

About the Karasik Mandolin Project

The Karasik Man­dolin Pro­jec­t’s goal is to pre­serve Ely Karasik’s Jan­u­ary 5th, 1923 Lloyd Loar-Signed F5 Gib­son #71839. While doing this, I also wish to to share the instru­ment with a vari­ety of man­dolin­ists that would oth­er­wise not have access to a Lloyd Loar. This has been done by tak­ing the man­dolin to fes­ti­vals, events and con­certs, and get­ting video footage of the man­dolin being played. The videos have been released on a week­ly basis since Jan­u­ary 2022.

Sound” Investments

Unlock the sym­pho­ny of oppor­tu­ni­ty – explore the world of invest­ing in  the Karasik Man­dolin. Let the har­mo­nious blend of his­to­ry and prof­it res­onate in your portfolio.

Media / Press

Recent project videos using the Karasik Mandolin

What makes a Lloyd Loar signed instrument so special?

If you are a man­dolin play­er, you prob­a­bly already know a lot about Loar-signed instru­ments and why they are so desir­able; if not, some back­ground infor­ma­tion is in order. Lloyd Loar was an Amer­i­can instru­ment design­er and sound engi­neer. He worked for Gib­son Gui­tars and Man­dolins between 1919 and 1924, and while he was at Gib­son he helped in design­ing the F‑5 man­dolin which is the design favored by blue­grass and many Amer­i­can musi­cal styles.
 
Lloyd Loar-signed man­dolins are often equat­ed to being the Stradi­var­ius of the man­dolin world. They are sought after by play­ers, col­lec­tors, and per­form­ers for their excel­lent tone and his­tor­i­cal sig­nif­i­cance. Many play­ers can only dream of play­ing on a Loar due to the cost of the instru­ment and the fact that they are rare. Only a few hun­dred were made between 1922 and 1924.

Tradition, Craftsmanship, and Investment Potential

The man­dolin is going to be sold at $107,500. This val­ue was deter­mined by get­ting two appraisals done on the man­dolin, one by Gruhn’s Gui­tar and the oth­er by Tony Williamson at Man­dolin Cen­tral. These two num­bers were then aver­aged to deter­mine a fair sale price. Invest­ments will be for 10 years.

After 10 years the man­dolin will be sold at the new appraised val­ue and the prof­its will be shared between the investors. As cura­tor of the man­dolin, Emi­ly Wil­son will be respon­si­ble for care, main­te­nance, and insur­ing the man­dolin. Emi­ly will also have the man­dolin reap­praised every two years. She will con­tin­ue to upload reg­u­lar videos on the Karasik Man­dolin Project YouTube channel.

There will also be an annu­al investor meet­ing where the man­dolin will be avail­able to be played by the investors.

Learn more about the Karasik Mandolin

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