This looks like it many have been made by United- or whoever took over the Oscar Schmidt works in the late 1930s. It is a low budget mandolin but it has those recessed tuners that you would see on an instrument 20 years older. It appears to have its original case- again from about 1940. It just makes me wonder if a whole stash of these tuners was discovered and so a decision was made to use them. I think it somewhat unusual to see these tuner units on a low cost mandolin of this era. I think I can see a collection of braces inside the mandolin! The engraved tuners are the sort you see on a Weymann Style 50 Mandolute from the WW1 era.
https://www.ebay.com/itm/Vintage-MAN....c100667.m2042
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