Kay Acoustic Mini-Jumbo near Columbus OH for $50

This seller is offering what appears to be a 1950's Kay acoustic Mini-Jumbo for $50.  Says the neck is reset so I'd expect the action to be better than most.  This not one of the more common Kay models.

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Vintage Kay guitar - $50 (Bremen)

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Date: 2012-07-22, 9:09PM EDT
Reply to: 6pgh8-3156635169@sale.craigslist.org ^{[Errors when replying to ads?]}

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Vintage Kay flat top guitar. Necks been reset, and bridge shaved. Silver tuners, has electric strings, plays good but the high E string popped. $50 obo or trade for? Interested in fishing or outdoor gear.