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Patrick was an amazing guy. The total guitar count is 22! In each guitar case he put what he considered to be the low market value and he put that figure minus 20% for his family to know what to expect with a sale.
Patrick's son, Chris, will likely take charge of handling the guitars. He will probably try to sell the guitars as a group. Chris has a strong personality like Patrick.
I don't expect to see any of them listed in the JGF. I have mixed feelings on this. I'd like to see some of Patrick's instruments go to people who knew him. But I understand that the guitar collection is just part of the estate that the family has to work through.
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09-08-2015 04:30 PM
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up to his family, but selling them as lot will be next to impossible
I know this from experience...
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just say they average 3K each [probably over that]
you're talking 66 large. who has that kinda dough laying around?
plus I think he had some Pauls, Strats and Thinlines, many of the big box players wouldn't want them and vice versa.
like you, it'd be great to see them sold here first, a lot of the full size guitars would probably sell here fairly easily if priced right and go to appreciative forum members. then it shouldn't be too hard to sell the others individually [again, if priced right]
I remeber him saying he put the notes in each case for his family, just in case, and I don't think it was that long ago.
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I respect whatever the family wants.
Should they change their minds and advertise here, I'll be happy to work with them.
Whatever happens, I will cherish Patrick's memory for the great guy he was and in my memory always will be.
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Only realistic buyer for the lot might be a prominent online/retail shop with a large enough clientele to justify the cash outlay. And they won't pay a premium, that's for sure. I can understand the overwhelming nature of trying to sell 20+ guitars individually. But I sure hope they reconsider.
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Regardless the decision, thank you for keeping the JGF community informed, Marty.
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Originally Posted by FrankLearns
+1 for me
Best wishes to them as they work to get through what I am sure is a hard time for them
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@Marty, didn't Patrick want you to sell the guitars?
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Makes me happy I acquired one from Patrick's group when I did. Best wishes to the family!
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2b always has the finest Heritages. That's no lie.
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Well I can attest to this particular Heritage as having the "finest" tone of any humbucker SE I've had yet. It's that extra depth at 3.25" at the rims, I'm sure of it. With it's great acoustic volume it's truly like having 2 guitars in 1. Originally Posted by Marty Grass
My acoustic SE just sold minutes ago, so I'll be keeping Patrick's former SE. I 'spose it was destiny the other sold first, as I placed each on the market to make potential room for a few in the group of 22.
Thanks to you Mark for keeping us in the loop on information that it's likely those guitars may not become available for some time if ever.
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Well, that was what Patrick requested. Originally Posted by edh
The family needs to sort some things out. Their plate is more than just full.
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Gotcha.
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[QUOTE=Marty Grass;565949]Patrick was an amazing guy. The total guitar count is 22! In each guitar case he put what he considered to be the low market value and he put that figure minus 20% for his family to know what to expect with a sale.
Patrick's son, Chris, will likely take charge of handling the guitars. He will probably try to sell the guitars as a group. Chris has a strong personality like Patrick.
The wishes of the family are paramount. Whatever course they wish to follow is, of course, their absolute right and prerogative.
Someone should point out to them, however, that any sale that goes though normal dealer routes is likely to result in a smaller recovery to the estate, after the typical 25% brokerage/consignment fees are netted out.
There is a large "middle ground" for prices here which could result in (i) higher recovery to the estate, and (ii) fairly quick sales to interested and knowledgeable buyers (i.e. forum members) willing to pay fair prices for good quality instruments. E.G. Let's say an L5 would sell for $7K, after commissions the family nets $5250. I bet there would be half a dozen forum members willing to "split the difference" and pay $6100---resulting in an extra $950 to the estate. Multiply that by twenty-two or whatever, and even with lower selling prices for some of these, the results could be significant.
If these instruments were listed, inventoried, and scheduled, probably an afternoon's worth of inspection could result in an estimate of probable selling prices. If the family wants, let them have an 3rd party broker come in to look them. (though, this is a bit like selling your house....the broker seeking the sales listing is always going to point a rosy picture, and the actual selling prices may well far short.)
These are going to take a while to sell in an orderly manner. My guess is that trying to sell them in a group is going to result in a substantial "haircut"--a lowered selling price----to the estate.Last edited by goldenwave77; 09-12-2015 at 07:14 PM.
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2b is that a Sweet 16? If so how do you like it?
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Hi Larry. No, that's a Super Eagle. Heritage's 18" archtop. A far cry from the 16" Sweet 16'. I've had a couple of those too. 16's are one of the finest and most affordable carved archtops on the used market. I've recently seen a pair sell for $2k on ebay. Originally Posted by Larry Feldman
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I should know more in about two weeks, maybe sooner. We talked today and have some ideas. I'll keep everyone updated.
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The family understands the issue of winter weather, and the issues sold and shipped guitars can face due to colder temperatures, yes? Thanks for the update Mark. Originally Posted by Marty Grass
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We certainly discussed these things. It is fair to say that these instruments are not the top issue they're dealing with. But we think we have a strategy that fits with their schedule.
As an aside, the more I learn about Patrick, the more impressed I am with him as a man. I can't say more than that.
Originally Posted by 2bornot2bop
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Most of us are far more interesting, complex, and substantive than our online caricatures imply. Thanks for the reminder. Originally Posted by Marty Grass
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I feel the same way about you Mark. Originally Posted by Marty Grass
Joe D
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The guitars won't be available on JGF, at least as far as I can tell. There have been many inquiries about individual instruments, all of which I have passed on to the family. There is no interest in selling single guitars by them.
I have given them the info on three good options for consignment sales. Jay Wolfe has been a hero among them, reducing his commission since he had known Patrick for many years. The family was hesitant about sending the instruments to Florida for various reasons.
There have been offers to buy out the collection of 13 archtops. The family is holding out for a higher dollar amount.
It is easy for me to look at this from a business perspective. To me, there were three good choices, depending on whether speed and convenience are priorities, whether the ultimate amount of money generated is, or whether the middle ground is preferable. The family now has over 50 pages of all of the necessary comparables for recent sales and appraisals of the instruments as a set. They have the expressed opinions of those who are major sellers. But this is not a mere business transaction to them, and that's crucial to understand.
Patrick spent a lot of time and money on his hobby, and his guitars are still on stands in the house. To the family, the guitars are extension of Patrick. Selling them is another form of letting him go. Wholesale selling is turning him over to the highest bidder after haggling. It is another goodbye and it is on the cheap.
I've taken it as far as I can take it. The family did not give permission for me to provide contact info to JGF members.
I know there are some disappointed people on the forum. But someday we may see some of these instruments on eBay, Reverb, Gbase or elsewhere.
I was cleaning out my email box this morning. Here's a shot that relates to the last days of Patrick. I'm missing that boy.Last edited by Marty Grass; 09-20-2015 at 02:36 PM.
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Dear Mark,
thank you very much for all your efforts. I could not think of a more respectful and tactful message than the one you posted. I think we all understand that Patrick's family is going through a very difficult time. I feel with them that selling the guitars is part of letting him go - and it must hurt very much. I hope that they make a good decision and one that they are as happy with as they can be under the circumstances.
I miss Patrick too and I won't ever forget him!
Thanks again!
Frank
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If possible, try to capture and document serial numbers in case these show up somewhere in the future. There may never be another chance to do that.
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The guitars are available for purchase through Patrick's son. I've posted a thread in the For Sale section today.
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