I have one. I got it new in 94. It was supposed to be my backup bass to my much prettier Yamaha Nathan East bass. (My first 5 string) My band preferred the Hamer. My drummer at the time was an engineer working in a NYC studio and I trusted his ears completely. When I later heard recordings of our rehearsals it was obvious. The Hamer was better. I eventually sold the Yamaha when funds got tight and my car needed a major repair. A few years later I was able to get a really good deal on a Ken Smith 5 string. It was a Chuck Rainey model. A really beautiful instrument that had a body of solid quilted maple. Again, I thought the Hamer would be the backup to the prettier more expensive bass. My band liked the Hamer better. I have also sold the Ken Smith now too. It is an amazing bass. Solid mahogany with EMG soapbars with the BTC preamp. It has a selectable boost on 4 settings that you can choose by pressing a dip switch in the control cavity I think I set it at 3K.Very useful. I have recorded with it and played many gigs with it. It continues to exceed my expectations repeatedly now for almost 20 years. I play in a country band now and the Hamer doesn't get out as much. It is a solid black bass with a reverse headstock. It is very much a "metal" looking bass. I have always felt the reverse headstock with the B string being the longest string contributes to the incredible tone on the low notes. In the metal band I used to play in we used to tune down sometimes a whole step and a half and the B string was always clear and had some tension too! I have only had to make very minor neck adjustments over the years. The neck is rock solid. It's a shame they don't make them any more. Occasionally you will see them here or on the bay. Keep looking. When you get one you won't be disappointed.
I too can't believe Hamer isn't producing high-quality basses anymore. Sure, they still put out the U.S. 12-string, but, how many of those get moved every year? I just don't get it with some builders. Their quality is too good not to have their foot in the door anymore.