GUEST: My grandfather and my uncle on my mother's side, they were musicians and they would, back in the day, spend their evenings before radio and TV playing instruments out on the porch. And along the way I ended up inheriting it.

APPRAISER: Well, you had very careful relatives because this ukulele was made in the late 1920s. It's a Style 3, which was the highest of Martin's mahogany models, and it's in such exceptionally clean condition. These mahogany ukuleles are very fragile. It's very common for some child to grab it thinking it's a kid's toy and bounce it onto a bed post or a wall or something like that and they crack. They're like an eggshell with strings.

GUEST: Yeah, they're very fragile.

APPRAISER: It's the second version of the Style 3. They made one earlier that had an ornament in the headstock similar to the ornament that's down here at the bottom of the body.

GUEST: I see.

APPRAISER: And of course, it still has the stem on the top of the head stock, which was deleted in the early 1930s. So it has its original finish, its original tuners, it's all in just sparkling condition. And because of that, it would be pretty easy for this to sell for $2,500 retail or perhaps even more because you just never get a chance to get one this perfect.

GUEST: I'm happy to have it.