Oh, yes!
Some of these were made by Gibson to Truett spec, which meant they had deeper pots (bodies) than Gibsons. But the quality is reputed to be outstanding.
Here is a little history on the things.
http://www.4stringbanjos.com/TruettTeno ... Banjo.htmlYours is a Plectrum, which means it has a full-length banjo neck, unlike Tenor banjos, which had shorter necks. The Plectrum became less popular than the Tenor as the Jazz age wore on, which is possibly one reason Truett's company didn't survive a little longer.
It's a very nice instrument, probably built by Gibson, which should raise its value. Are there any dates or serial numbers on or in the thing?
Also, it would make a great "Irish tenor" banjo, which uses low, deep tones more than most other kinds of banjo music. Irish players would have to get used to the long neck, though.
At any rate, I'm very glad your sister didn't throw it out. If I needed one more banjo . . . ..
Hope this helps,
- Paul