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The L-5 pricing will come later today.
Originally Posted by GNAPPI
There are some true historic 1960 Les Pauls available to us for $5500. This is as good a deal as the Memphis guitars. It is below dealer cost. I just do not need a Les Paul at that price.
I suspect our price for the Blonde L-5 CES will be about $6500. That will be tempting indeed.
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02-02-2018 12:40 PM
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That seems to me to be a very fine price for that instrument, regardless what any future "sale" offers. Originally Posted by rpguitar
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It is $7K for a new blonde L5CES.
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I just got the word that our price on a new, blonde L5CES with warranty is 7k. That is a great price, but I am going to pass. If any of you guys pull the trigger, let us know.
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Jabbs, you might be right about what these are, but they could be brand new, perfect guitars (as 3 of my 4 CME Memphis buys were). I would have pulled the trigger on one of these at 6K. At 6500, I would have considered it. At 7K I am going to pass. But I have a superb WR Wesmo to play until the right deal on a Blonde CES shows up. Others here may not be in that position. Originally Posted by Jabberwocky
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How much was the L5S? asking for a fiend. Originally Posted by GNAPPI
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Sorry, Marc, I deleted my post accidentally...
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No problem Rene. Originally Posted by Jabberwocky
Here is a quote from a guy at TGP that Matt from CME thought was spot on and so do I:
"The key here is maintaining perspective. This is a very, very, very good deal. The Memphis blowout will probably get remembered as the most insane large scale sale of Gibson/Fender Guitars ever. It’s I guess easy to get spoiled by what happened with that sale and be a bit disappointed by anything that’s not on that level of insanity.
This deal is “if you were in the market for one of these, go ahead. You probably won’t beat it.”
The Memphis deal was “I don’t care what you have to do, if you’ve even ever, once in your life, vaguely considered buying a semi-hollow, buy as many of these as you can afford and another one you probably can’t afford” level of good. "
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Originally Posted by Stringswinger
$6999 for the L-5CES natural.
Make an offer!
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Thanks for the example.
$7k is a nice discount compared to the normal retail price of $8-9k. Just consider that you'll pay $7k for a new L-5CES, only to have it drop very soon in value to match what the used market commands, which is $5-6k. The used market does not necessarily put a premium on a very recent model L-5. Look at what's been sitting on Reverb for ages (I have been watching) and it will become clear that my point has merit.
However...
There is no disputing the awesomeness of the new L-5 itself. If you can afford it and want a shiny new one, untouched by other people's slimy, talentless hands, then $7k is a great price as long as you don't intend to flip it or be fickle about it later on. You may have a hard time recouping the cost. But I would say that a new one is well worth that price if getting a new one excites you.
Hope that makes sense.
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Any Johnny A on the list?
Thanks John
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To Rogers point -here is a fabulous guitar on Reverb that can quite easily ( in my opinion) be purchased for $6k.
Gibson L-5 Custom Historic Art Series 2003 Naturalhttps://applink.reverb.com/item/7440285-gibson-l-5-custom-historic-art-series-2003-natural
I’ve had correspondence with the seller before Christmas and he’s been a fanatic with the instrument. The tarnished medallion is a non issue - I’ve seen this on many NOS examples.
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That is A LOT of LPs. Do they actually sell that many Les Pauls? I always assumed that model was their bread and butter (I always see more Les Pauls come in to me for setups and other work than any other guitar) but I’d almost wonder if they cut down on their expensive Les Paul production if they would save some money since I have to wonder if there are enough people to buy the amount of Les Pauls they are making. I have a guitar coming in Tuesday that is a NOS 2016 LP Standard and the guy only paid 1300 for it - if there are guitars like that out there then I don’t know who is buying the new models or these expensive custom shops.
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Wow, the quilt on the sides and back of that L-5 is phenomenal! [lust] Originally Posted by QAman
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Roger be killin' me! Originally Posted by rpguitar
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I mean that in the nicest way, with a firm sense of irony and self-deprecation.
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Actually $7k is a very good price for a new blonde L5CES. I just paid $7K for a new L5P BJB VSB. My blonde Wesmo cost me $7K in 2010 brand new. Let’s not forget that blonde is a huge Gibson upcharge on a carved axe.
We got absolutely spoiled rotten with the smoking Memphis deals.
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I remember going into Dave's Guitar one time and they had just received a shipment of Custom Shop Les Paul guitars, all $4000.00-6000.00 EA. There must have been 300-400 of them, to many to hang on the wall. They were leaning against walls, amps and chairs everywhere. It made me very nervous considering how easy the necks break on a fall. I have never seen so many LP in one place before. Next visit most were gone. I am not really a LP kina guy but I will never forget that.
Thanks John
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People that buy guitars thinking that down the road can get more than they paid or not lose a dime are buying guitars for absolutely the wrong reason. It is not about making money. It is about making music. People that buy and try to flip for a profit are what I call “Seagulls”.
When you drive a new car off the lot do you expect to get what you paid 5 years down the road ? Why are guitars any different ? You must pay extra for new and perfect for anything.
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Buying used Gibson guitars has always been a winning strategy for me. On the one hand, there will already be a small ding or two, so when I put a ding in the guitar, I will not feel bad, and on the other hand, I will be able to get my money out of it when I am done with her. Originally Posted by vinnyv1k
The CME Memphis deal allowed me to buy 4 new Gibsons at used prices. I still feel bad about dings (One of my 4 CME purchases is getting a drop fill repair as we speak. I foolishly dropped a cable on the headstock creating a small ding on a perfect guitar) This new deal does not fit either of my parameters. If I ding it (something that will happen on a gig at some point) I will feel bad and when I am ready to move on, I will lose money.
CME has 4 of these blonde L-5's to sell us.
Who among us will pull the trigger?
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Except for Whiskey Originally Posted by vinnyv1k
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Maybe me. I like new and shiny and have absolutely no problem losing $2K on a guitar sale down the road. It is only money.
Even better is I like giving guitars as gifts to the needy or starving musician friend.
There is a smoking deal right now on a L5CT at TMZ. NEW no warranty. You can get it for $5.5K if you can get along with a red L5. Very nice specimen. Garrett sent me pics.
I have 4 L5’s. Trying to justify 5. I have BigMikeitis. It is very contagious around here.
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I have 5 L-5s, but they are all as different as can be, spanning almost 90 years of production. Owning multiples of the same basic kind seems like fun, but without a significant muslcal purpose.
But a comment on the money factor...
Here are some Wes L-5s on Reverb right now:
$4500
$5000
$6750
$7500
$8125
$9000
This is for a guitar first made in 1993. This is not a vintage collectible with vast differences in production quality or specs over the years. And we're talking only 25 total years of production. Most buyers cannot just throw care to the wind and risk being shafted by paying way, way over market value for these. All buyers should seek to be knowledgeable about market value, because it plays in to the equation, even if you are buying out of pure love.
I reckon that any of these guitars would make a player exceedingly happy, yet the most costly is double the least expensive. Caveat emptor.
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Your analogy is good in terms of monetary value but, I don’t know if there is an equivalent for cars but some brands resell for a lot more than others so I think it is fair that people have certain monetary expectations with some brands like Gibson. Also so me people, myself included, like older guitars and they sound better the older they get. Again I don’t know anything about cars but I don’t think that cars get better the older they get except for the cool factor of having a vintage car. I would understand if somehow people might expect that a great guitar might be worth more further down the line since they do get better in a lot of ways as they age. However I don’t think we are living in a time when that will happen. Now we can see those old vintage fenders and Gibsons and D’Angelicos catching a huge amount of money, particularly if someone kept them in closets and under beds but I don’t think nowadays people should expect that since the guitars we get new today won’t have the historical significance or rarity of the guitars from the mid 1900s. Who knows though, if Gibson, Heritage and other brands are stopping archtop production then who knows what guitars will be worth many years down the line. Originally Posted by vinnyv1k
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