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Instrument Pegs Market Value

Analysis of 1,637 eBay listings for instrument tuning pegs.

What you'll usually pay

$27.55 typical price
Most are between$10โ€“$81
Brand new$27
Used$22.49
On sale now1,637

๐Ÿ’ก Buying used saves about 17% here.

๐Ÿ‘‰ In short easy summary

The best value is found in Ebony material (-24%) and 1/16 size (-48%). Conversely, Boxwood material (+38%) and Banjo-specific pegs (+34%) command the highest premiums.

๐Ÿ’š Best value for your money

Ebony 388 on sale$21 ยท 24% cheaper
3/4 62 on sale$23.29 ยท 15% cheaper
Jujube Wood 57 on sale$23.75 ยท 14% cheaper
1/2 187 on sale$24.12 ยท 12% cheaper
1/4 71 on sale$24.95 ยท 9% cheaper

Price by size

1/16
$14.28-48%
3/4
$23.29-15%
1/2
$24.12-12%
1/4
$24.95-9%
4/4
$24.99-9%
1/10
$31.06+13%

Why? Prices vary by scale, with 1/10 being the most expensive at 31.06 and 1/16 the cheapest at 14.28.

Price by material

Ebony
$21-24%
Jujube Wood
$23.75-14%
Aluminum
$27.75+1%
Plastic
$33+20%
Chrome
$35+27%
Boxwood
$37.98+38%

Why? Material costs range from Ebony at 21 to Boxwood at 37.98.

Price by for instrument

Oud
$25.39-8%
Cello
$25.73-7%
Ukulele
$26-6%
Mandolin
$33+20%
Lute
$35.98+31%
Banjo
$37+34%

Why? Specialization drives price, with Banjo pegs at 37 and Oud pegs at 25.39.

๐Ÿ›’ Some on sale right now

Common questions

What is the price difference between new and used pegs?

New pegs have a median price of 27, while used pegs have a median of 22.49.

Which material is the most affordable option?

Ebony is the most affordable material with a median price of 21.

How do Banjo pegs compare to the overall market median?

Banjo pegs are priced at 37, which is 34% higher than the market median of 27.55.

How we got these numbers

Worked out from 200 live eBay listings (price range $10โ€“$81, odd outliers ignored). These are asking prices, so use them as a guide. Last checked July 5, 2026.