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