I haven't shopped for a mandolin in a long while, but when I was shopping I was impressed with the Eastmans. I am certain a good one can be had within her budget. If I were on the search and $700 was my budget, the Eastmans would be the first I would look at.
I can only recommend what I have played. Of course there are some great vintage instruments that are also available. As a gift, I suppose she is looking to purchase a new one...?
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