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In the mid 1970’s Richard Keldsen was frustrated with Gibson’s manufacturing of banjos and decided to set out to make a banjo that could compete with Gibson. Richard connected with instrument makers in Japan to try and replicate the mastertone type bluegrass banjos made by Gibson. He introduced the first Gold Star banjos through his preexisting instrument company, Saga musical instruments. He continues the production of different musical instruments today in San Francisco, CA.