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Did this poor guy get ripped off?

Discussion in 'Telecaster Discussion Forum' started by TeleV, Jun 14, 2010.

  1. TeleV

    TeleV Tele-Holic

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  2. SackvilleDan

    SackvilleDan Tele-Holic Gold Supporter

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    The seller may have gotten ripped off, I think an all-original 1953 Blackguard may fetch even more than that!
     
  3. TeleV

    TeleV Tele-Holic

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    Yeah that's who I meant...the seller
     
  4. Mark N

    Mark N Tele-Afflicted

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    likely so...too bad
     
  5. TeleV

    TeleV Tele-Holic

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    Watch it show up on eBay for $90K +

    Quote from the article:

    "Treasure Hunters Roadshow Field Manager Daryl Hall displays the top seller of the event — a vintage Fender Telecaster purchased for $300 in 1953. The owner walked away with a check for $12,000, Hall said. "

    The Roadshow people make it look like the seller got a great deal by walking away with $12K.

    Man this just makes me sick that somebody would do this to the seller.
     
  6. robt57

    robt57 Telefied Ad Free Member

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    300 space bucks was A LOT of coin in 1953!!!

    There where new cars for under 1500.00 IIRC...
     
  7. Big John

    Big John RIP

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    Would we all smirk when it turns out to be a 'relic' ? ..... yup, me too !! ;)
     
  8. Chris H.

    Chris H. Tele-Afflicted

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    Looks original though, except for the Top Hat!
     
  9. Giacomo Pagani

    Giacomo Pagani Tele-Meister

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    When we face a 12k USD guitar sale, it's hard to agree that the seller has been "ripped off". Maybe the guitar could be worth ten times more, but as long as the seller doesn't know that, and he sold the guitar for a price that satisfies his pockets, I think everyone's fine.

    Giacomo
     
  10. jbmando

    jbmando Poster Extraordinaire

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    From the Inflation Calulator:
     
  11. TC6969

    TC6969 Friend of Leo's

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    There where?
     
  12. campfire

    campfire Tele-Meister

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    Quite often the asking price you see on original 50's teles is not what they sell for. Actually, $12,000.00 for a quick sell ain't too bad! My friend had the very first production Byrdland and listed it through Elderly Music for $24,000.00 about 10yrs ago. He ended up with $14,000.00. Still, a nice chunk of change.
     
  13. Jack Wells

    Jack Wells Doctor of Teleocity Ad Free Member

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    If the seller paid $300 in 1953 he may have gotten ripped off twice. I don't think Telecasters were selling for that much in 1953. Not according to the Duchossoir book.

    Here are some list prices for Telecasters from the book:

    1951: $189.50
    1957: $199.50
    1960: $209.50
    1966: $214.50
     
  14. Mark Davis

    Mark Davis Telefied Ad Free Member

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    [​IMG]

    Here is what they were new in Dec 50 I doubt he paid $300.
     
  15. Buckocaster51

    Buckocaster51 Super Moderator Staff Member Ad Free Member

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    A 1955 Nash Rambler listed for $1550.

    I had a 1967 Rambler American that had $2027 on the sticker. :eek:

    So yeah, I think you are pretty much right.

    $300 was a lot of coin.
     
  16. Drunkinminer

    Drunkinminer Tele-Holic

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    What you got to remember is that chances are that the person who bought it wanted it for a shop. So he is not going to pay it's true worth because when he sells it he has to maker a profit. Have any of you guys watched Pawn Stars.

    Also this may not be a nice thing to say but the way I see it the seller should have done his homework first if he wants to sell it to me for 12 Gs then that's his problem. Just my 2 cents.
     
  17. Brendo

    Brendo Tele-Holic

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    It's a tough one. Ideally a 'fair price' sale is between a knowledgeable buyer and a knowledgeable seller. I'm pretty sure this guy who sold the 1953 Tele is going to go home home happy, then check up how well he did compared to others who have sold similar instruments, and then feel ripped off.

    However, that knowledge is readily available, and if the seller has not taken the opportunity to find it's true worth, then the problem is his own.

    You can't hold a buyer responsible for 'cheating' someone out of their items worth, unless it's obvious that the seller would have little to no chance to find that true worth [i.e. a Nanna selling her dead husbands guitar, that's sat under the bed since 1965, and she has $100 on a tag at a garage sale]

    It's a fine line between doing the right thing, and doing business. Ideally they should all fall in the same circle, but often they don't.
     
  18. Telehackster

    Telehackster Tele-Afflicted

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    Maybe the buyer should post clear, detailed pics here so we can tell him whether he got a good deal or not. :D
     
  19. Partscaster2010

    Partscaster2010 Tele-Meister

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    Thanks for all your compliments guys! Just to let everyone know that'll I be posting photos of my '53 tele that I've scored from the original owner very soon. :p:p:p:twisted:
     
  20. Partscaster2010

    Partscaster2010 Tele-Meister

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    Hey Robt57, you should've gotten that guitar. After all it's a '53 year model just like yourself...:lol:
     
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