Here's an Old Kraftsman Music Note guitar which the seller claims is from sometime between the 1940s and 1950s but can't be more specific. The design does look a little Art Deco which would imply even earlier - you'd certainly think that by the 1950s the visuals would have moved on by then.
Still, it's a charming piece, constructed from birch and with a neck attached by three bolts. Old Kraftsman guitars were manufactured by the Kay Musical Instrument Company based in Chicago for the catalogue retailer Spiegel.
G L Wilson
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