From Deering's website
"Since 1975, Deering has been building quality American made banjos. For all of 2015 Deering has been celebrating their 40th Anniversary in business through special events, commemorative apparel, and more. They are capping off this milestone with a limited edition 40th Anniversary banjo.
Limited to only 40 pieces and featuring a brand new, patent-pending white oak rim, this banjo is one of the most unique Deering has ever heard. All 40 banjos feature a white oak neck and resonator and will be individually numbered on the rear of the peghead. A matching white oak truss rod cap personally signed by Greg Deering adds a finishing touch to the elegant inlays in the peghead while a commemorative inlay adorns the 22nd fret. A ‘AAA’ grade smokey ebony fingerboard and tortoiseshell binding on the resonator make this banjo an irresistible addition to any banjo collection."