Re: Wurlitzer mandolin ca. 1896
American Conservatory was a brand of Lyon & Healy, the big Chicago manufacturer/distributor. They made labeled instruments for music stores, like Wurlitzer -- as did C F Martin, as Ed's post states.
I wouldn't consider under $200 to be unreasonable for a playable mandolinetto from the early 20th century. Plus, the tailpiece is cool. That said, it's a specialty instrument, usually with a very thin, bright voice; my Howe-Orme mandolinetto doesn't get a great deal of use. I'd say, if it interests you, and fills a niche in your musical interests, why not?
Allen Hopkins
Gibsn: '54 F5 3pt F2 A-N Custm K1 m'cello
Natl Triolian Dobro mando
Victoria b-back Merrill alumnm b-back
H-O mandolinetto
Stradolin Vega banjolin
Sobell'dola Washburn b-back'dola
Eastmn: 615'dola 805 m'cello
Flatiron 3K OM
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