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Discussion in 'Telecaster Discussion Forum' started by dayman, May 8, 2021.
Blonde. At a shop here in Florida for $1499. It’s got a little smudge on the headstock
Fjestad's Blue book advises:
Mint Condition - $1,350
Excellent Plus Condition - $1,100
Excellent Condition - $925
You are in central Florida, and about right for your market, so those prices are worth mentioning to the seller.
$1,499 is a bit high, unless the guitar was minty-new.
Which it sounds like it is not.
I hope this helps.
I’m seeing them on Craigslist for $1400 when I see them these days. Prices are high for guitar stuff all the way around right now. $1499 with a case seems about right for a shop price where you have the opportunity to return if you get it home and don’t love it after a few days.
I'm not seeing the image. It may need to be uploaded again.
It’s 2021 so whatever it’s really worth add $300 to get the used price of a guitar. If I t’s a pedal just add $50 to new price or if it’s discontinued due to poor sales just double list price.
2019: Way too high
2021: OK deal, might find it lower
2022: Great price! Snap it up now!
Looks like the bridge saddles were changed as well as the switch tip.
I think that price list is quite funny. MIM 50s are getting $925. There is only one listed on Reverb for less than $1,400 ($1,399.99) and it is BEAT.
Yeah, don’t miss out on that “character”
Just like with used cars (think Kelley's Blue Book) the Fjestad Blue Book values are just the start of the negotiation conversation.
But well respected and extremely well-researched/substantiated values they are.
One thing to remember when comparing Blue Book values to what you see up for sale on Craigslist, Reverb, and eBay is that you are only seeing what the seller is asking for it. You aren't viewing what it ultimately sold for.
Usually a lot less.
I like to keep an eye on the going price for the télé I own... There is only 1 '52 hot rod for sale online right now (at least as of a few days ago). It is on ebay and the asking price was $2500. That is well over $1k more than I paid for mine just over a year ago. It's a crazy market these days.
It's not just cars and guitars, it's everything. Houses in my market that were assessed at $300k and appraised at $350k are selling in bidding wars for $400k waiving the home inspection and cash down to cover the appraisal shortfall.
That blue book is 6 months behind the curve and it's a big curve.
I don't know what else to say.
I respect Fjestad's Blue Book for their careful research and consistency.
And I re-iterate that it's just the start of the negotiation discussion.
If I had a nickel for every time that some guy asked myself or my partner, "What's my guitar worth?" and then got angry when we told him that his run-of-the-mill Squier Strat was only worth $175, I could retire a wealthy, wealthy man.
In the end, the market is the market.
If somebody is willing to pay $4,000 for a $1,200 guitar, guess what?
One very happy seller is going to walk away with some extra jingo in his pocket.
As a smoker that’s how I shall describe the odor of my instruments
“It has a distinguished odor of character about it”
And by the way, Real Estate is a highly fluid and fluctuating market.
With wildly subjective and individual pricing considerations, based upon hundreds of variables, depending upon the property in question.
Used guitars and used cars, on the other hand, have tighter left-and-right limits, understandably.
There's a stability to those markets, based upon a foundation of certain knowns about the product up for sale, and comparatively few variables.
The Reverb graph above shows completed sales. You can also search EBAY for completed sales.
Gear prices on gear have been increasing a lot recently thanks to high demand, low supply and inflationary trends. Prices from 6 months ago aren't applicable now but buyers can still find deals when purchasing from sellers who aren't keeping up with the trend.
So if anybody shows up here, or on any other guitar web forum, and wants to know what a guitar is worth, I can safely check Fjestad's Blue Book, double the stated value, and offer that as a rock solid bit of information?
Got it, sir.
Thanks for squaring me away.
That's correct. Hyperinflation is an ugly monster.
I think that checking the reverb.com price guide of sold items, referring to your experience of items currently listed in your area, checking The Gear Page emporium are probably your best bet. The most recent edition of the Fjestad book that I can find is 2014. I would absolutely LOVE to pay the used gear prices that I used to pay in 2014.
When I sell or trade stuff in at a shop, they don’t pull down a print price guide, they check reverb completed sales. That’s what the rest of us should do too.
Fjestad's Blue Book is an online subscription nowadays.
They haven't published any updated paperback versions after 2014, you are correct.
But their online prices are seasonally adjusted and updated.
Any potential buyer would be wise to check Reverb, eBay, Craigslist, Guitar Center, and Fjestad's Blue Book.
To rely upon any single one of those, including amateur advice found on a guitar web forum, would be an invitation to heartache.
In that regard then, I stand by my earlier statement;
"Just like with used cars (think Kelley's Blue Book) the Fjestad Blue Book values are just the start of the negotiation conversation.
But well respected and extremely well-researched/substantiated values they are."