Hofner 5156 Western twelve string acoustic guitar, made in Germany, no. 781; Back and sides: mahogany with one or two light blemishes and surface marks; Table: natural spruce, hairline crack running from the bridge towards the lower edge (not considered structural), other blemishes and marks consistent with age; Fretboard: rosewood; Frets: with dent wear to the first position and minor wear further up; Electrics: later Fishman sound hole pickup; Case: later TKL hard case; Overall condition: good for age

Estimate £400 – 500 (Buyers Premium of 24% inclusive of VAT @20%)