The Jazz Guitar Chord Dictionary
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  1. #1

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    Hi all,

    I have a possibility to purchase a ES-175 from 1949 in very good conditions.
    Refering to the owner everything is original and its in a great conditions.

    He is asking 8000 Euro. What is this guitar worth?

    I have attached 2 pics.

    BR






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    The Jazz Guitar Chord Dictionary
     
  3. #2

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    ha.com

    Sold on 15th March 2019 for $3500 including 25% Buyer's Premium.

  4. #3

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    Quote Originally Posted by EnfioII
    Hi all,

    I have a possibility to purchase a ES-175 from 1949 in very good conditions.
    Refering to the owner everything is original and its in a great conditions.

    He is asking 8000 Euro. What is this guitar worth? ...
    I suggest you look up the listing in the Blue Book of Guitar Values. It probably will require you to pay a small fee for the pricing. If I were looking at a guitar that expensive I would find the fee to be reasonable due diligence.

    You have to ask yourself, why is a guitar this old in this good of condition? The answer could be benign (e.g., original owner put it under the bed and forgot about it) or the guitar could be a poor example, or some other explanation.

    According to Reverb the price of a guitar like this one should be around US$4000. The asking price seems to be very high.

  5. #4

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    I used the guitar blue book for a guitar (Epiphone Howard Roberts). I thought the pricing of the seller was pretty decent, but after looking at the blue book, it is quite high. Is it always like this? The market is over the real value?

  6. #5

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    Quote Originally Posted by Map0Spread
    I used the guitar blue book for a guitar (Epiphone Howard Roberts). I thought the pricing of the seller was pretty decent, but after looking at the blue book, it is quite high. Is it always like this? The market is over the real value?
    The only “real value” is what a buyer will pay. One buyer with an intense desire to have a given instrument (or with more money than common sense) can throw “the market” into turmoil by resetting the bar for other sellers of the same model. Sometimes it sticks and sometimes common sense prevails.

  7. #6
    whiskey02 is offline Guest

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    That guitar is worth something in the range of significantly less than $8000.
    Vintage guitar market is driven by desire, ignorance, foolishness and greed.

  8. #7

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    Quote Originally Posted by Map0Spread
    I used the guitar blue book for a guitar (Epiphone Howard Roberts). I thought the pricing of the seller was pretty decent, but after looking at the blue book, it is quite high. Is it always like this? The market is over the real value?
    People often have inflated ideas of what their particular item is worth. Sellers can ask any price they want, but it's up to potential buyers to decide whether the item is worth what's asked. References like the Blue Books can help potential buyers with more reasoned estimates of actual market value.

  9. #8

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    Quote Originally Posted by Map0Spread
    I thought the pricing of the seller was pretty decent, but after looking at the blue book, it is quite high. Is it always like this? The market is over the real value?
    "Hope springs eternal in the human breast." -- Alexander Pope
    "There's a sucker born every minute." -- Attr. to P.T. Barnum


  10. #9

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    That guitar raises the question of originality vs refinish. Hard to believe a nitro finish from 1949 would look that good, even if it's been in the closet all these 70+ years. Are the tuners supposed to be that color or greenish? I'm all in favor of professional refinishing, but collectors seem to think differently. The price is steep for a player grade instrument.

  11. #10

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    Quote Originally Posted by Sam Sherry
    "Hope springs eternal in the human breast." -- Alexander Pope
    "There's a sucker born every minute." -- Attr. to P.T. Barnum
    And as they say in the used car business, there’s an ass for every seat

  12. #11

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    Tuners have been changed, new frets and new Pickguard, as it was beginning to dissolve. He has all original parts.
    Serial is A-36xx. Condition is excellent. But 8k is a lot of money.

    I found another ES175 from 52, all original except tuners. No case. Condition is used, has all the mojo and he wants 6500 Euro for it. What you guys think? Is the price reasonable?

    i am also thinking in long term reselling what’s more worth over the years 49 vs 52 ….

  13. #12

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    Quote Originally Posted by EnforcerII
    i am also thinking in long term reselling what’s more worth over the years 49 vs 52 ….
    I strongly suggest leaving that out of your criteria. Even the pros have an imperfect record of such predictions. Buy what you like - most guitars are depreciating investments when you consider the total cost of ownership.

    Value of Gibson ES-175 from 1949 - What is it worth?-8d4365f7-0a3b-4df3-9fad-26dc23fb39c7-gif

  14. #13

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    €8000 is an excessively high price , As some suggest it’s wishful thinking on the part of the seller

    The only guitar that should garner that kind of money would be an ES 175 from 58 or 59 with a real PAF innit

    prices for vintage guitars in Europe have always been higher as American customers have it soft because we have so much more access to product that was built here

    considering the market and scarcity of a instrument like that I would say price of €4000 would be really wishful thinking

    BigMike

  15. #14

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    As a tool I would value it around 4k if it is fully functional and has no major issues. Sentimental value and rareness or collectability are subjective. For me personally they are nowhere near those extra 4k here.

  16. #15
    whiskey02 is offline Guest

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    Why not just buy a good guitar and play the F'n thing, and put the leftover $6250. into a S&P 500 index fund?

  17. #16

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    I know that prices are going crazy at the utmost grade, here in Europe. You see shops asking 5000 € for an L50 converted to ES-150. I wouldn't pay such high euros for a refin '49 ES-175. But again, it's up to the buyer.

    Best.

  18. #17
    whiskey02 is offline Guest

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    Missed this somehow; OMG that is hilarious. I might buy it for $8000. and sell it in the weeks before Christmas for $12,500.
    Quote Originally Posted by Jabberwocky
    ha.com

    Sold on 15th March 2019 for $3500 including 25% Buyer's Premium.

  19. #18

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    Ouch… I know vintage Gibson prices are going beserk since recently but 8000? Ouch….

  20. #19

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    Its just a ploy. If someone takes the carrot (falls for it) the sale history pushes up the average price for the whole market of vintage Gibsons.
    Its probably an investor with a huge collection trying to pump the value of his inventory.
    Wasn't there a thread not so long ago about a wishful thinking price in a Vintage Guitar shop of all places. Really. Who has a vested interest in pumping the market there?
    Its like asking a hairdresser if he thinks you need a haircut.