End of the bull market?

Discussion in 'Sidewinders Bar & Grille' started by train, Dec 9, 2020.

  1. train

    train Strat-Talker Silver Member

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    I’ve been witnessing pricing that has been crazy. 2500 for a 400 oviation etc. I remember this happening at the very end of every bull market in guitars for the last 50 yrs. I would be a seller right now and not a buyer. ( unfortunately I have bonded with all my children and can’t part with them.) Drats.
     
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  2. Dadocaster

    Dadocaster Dr. Stratster

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    Just how old are you????
     
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  3. Boubou

    Boubou Senior Stratmaster Silver Member

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    You scared me. I thought you were talking about Tesla’s stock price
     
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  4. Baelzebub

    Baelzebub Most Honored Senior Member

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    Damn..where are you seeing that? I have a pristine Ovation 12 string I'd part with for what I paid for it just to make room....
     
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  5. rocknrollrich

    rocknrollrich Senior Stratmaster

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    I'm not in the market for anything at the moment, but I still like to look around the used market.
    People are asking top money for anything that even resembles a guitar!

    I find it funny(?) how people are asking near new money, for a guitar that is a few years old and used.

    Like..... dude, for $150 bucks more, I'll buy a brand new one"
     
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  6. train

    train Strat-Talker Silver Member

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  7. Hydr0

    Hydr0 Senior Stratmaster

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    Please don’t bring that up Tesla to me...or Bitcoin for that matter.

    /slaps own head
     
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  8. Handsome McClane

    Handsome McClane Strat-O-Master Silver Member

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    Sold mine the other day. I never quit while I'm ahead, for once I did.
     
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  9. s5tuart

    s5tuart Perfecting time travel since 2525

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    I'm finding that here in the UK I can buy nice guitars for less than £200 again.
    One has just arrived a few minutes ago and it's a beauty, complete with hard case for less than above!
    I have another one on the way too :D
     
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  10. train

    train Strat-Talker Silver Member

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    179EC708-4A20-4E6F-8698-D1DA11A709CE.png
    Yes sir I know , it’s a curse . Your 12 should of been gone long ago.
     
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  11. radd

    radd Strat-O-Master

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    What the recent guitars sold for is far different than the asking prices. On Reverb as a member you can look up what a particular model guitar has sold for recently. The couple I have checked have been under what the silly asking prices are.

    As for Craigslist, I check it every day and the guitars with high asking prices are on there for ever. The guitars with competitive pricing are gone in days.
     
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  12. hcski25

    hcski25 Strat-O-Master

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    Yeah, used prices are crazy, but inventory (both new and used) seems to be low across the board. I've listed a few things locally and on eBay for aggressive (high) prices. I don't expect to sell them quickly, but if someone bites, I'm a seller at those prices. Otherwise I'm fine keeping the stuff. I imagine there are a lot of other people like me that just say, "screw it, I'll list some of my gear if I can get THAT MUCH for it!"

    Another round of stimulus should help move some gear...
     
  13. bsman

    bsman Strat-O-Master

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    I'm betting that will still be up when the new year comes. Ain't nobody paying that money for that guitar.
     
  14. Engine Swap

    Engine Swap Strat-O-Master

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    sample size?
     
  15. Baelzebub

    Baelzebub Most Honored Senior Member

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    Been hanging on to it for a friend who wanted it but was a bit cash poor at the moment.
     
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  16. Mr C

    Mr C Senior Stratmaster Gold Supporting Member

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    Someone here a wanting almost eight grand for a 1976 strat... the same guitar was for sale two years ago for three and it was overpriced then...
     
  17. Baelzebub

    Baelzebub Most Honored Senior Member

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    I may just try that myself. I have to thin the herd. It's all been one way...in..for months. And I was sorta hoping for the stimulus thing but I saw a naked admission which surprised me for it's matter of fact tone, that Congress has pretty much abandoned regular folks and isn't even making any pretense of giving a damn. So I'm not banking on that. Even if people get it, it will be such a pittance, and so many folks are hurtin', that it will more likely go, at this point, for necessities.
     
  18. train

    train Strat-Talker Silver Member

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    thanks , I wondered about the uk. Canary in a coal mine. Remember 08/09 , The bull dies fast .
     
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  19. Bob Spumoni

    Bob Spumoni Strat-O-Master

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    New guitars in these cnc times, even cheap ones, are remarkably high in quality (except for the jacks for some obscure reason). A $200 guitar with $200's worth of Seymour Duncan pickups in it, for example, is a pretty great $400 dollar guitar. Paying thousands for anything that's merely older and not necessarily better isn't a good idea. And I'd bet a new $2000 PRS (or Godin and some Ibanez's) is almost always a better guitar than a $4000 '76 Strat or a '93 LP costing Lord-knows-what. Some guitars are inexplicably magical, but such paragons come in all vintages. I have a 90's Sheraton II, for example, I'd never part with (though it does have SD 59's in it, to be honest).
     
  20. Thrup'ny Bit

    Thrup'ny Bit Grand Master Curmudgeon

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    Our @s5tuart could sell bulls to Colonel Sanders... :whistling:
     
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