Originally Posted by elsewhere
Also: refret, no pickup covers, new nut, new pots, new switch tip, added strap button holes...
The vintage collector types would hate that. Though the neck has been snapped off, the repair is beautiful but that has to affect the price, too.
Just like there's somebody who is willing to buy a large bus and spend $100K (or more, way more sometimes ... I am going to that car show again) to put a full bar and swimming pool in it and not blink, there is somebody somewhere on this planet willing to buy this slightly modified Les Paul. There are original, untouched ones for less though.
If this thing is not a clever refin, then the burst has been preserved very well by being in case 99% percent of time. The real burst examples I have seen are all way more faded and closer to an "unburst" finish.