How much does the condition of a guitar affect its value

Discussion in 'B-Bender Forum' started by Digiplay, Aug 8, 2019.

  1. Digiplay

    Digiplay Tele-Holic

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    This is the business side of me talking now, and I need other Members input, as you have forgotten more about Telecasters than I'll EVER know :)


    I'll use my 2011 3 tone Sunburst Nashville B Bender (with original G&L case) as the proverbial poster child.


    1) If it was brand new, never been played, what do you guess it would be worth?
    2) It it had been played, but was still in new/mint condition, what do you guess it would be worth?
    3) It it was in excellent condition, but had just a few very few small nicks/scratches, what do you guess it would be worth?
    4) It it was in very good condition, but had a few more small nicks/scratches than the above # 3 guitar, what do you guess it would be worth?
    5) It it was in good condition, but had more nicks/scratches than any of the above guitars, what do you guess it would be worth?


    I know the answer is probably open to debate, but I'm relying on your past experience as to what the condition of my B Bender, heck ANY Telecaster for that matter, has upon its value to potential buyers.


    Does the condition affect its value more or less than what an inexperienced novice (read that as me) would assume it does?


    I'm assuming (uh oh) that it affects it a LOT, even though "a LOT" is relative to ones financial situation :)


    Thanks,
    Jerry
     
  2. brookdalebill

    brookdalebill Tele Axpert Ad Free Member

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    I see them going for $1500-ish, around here.
    I had a Nashville bender Tele, and it’s two pickup predecessor.
    Both were great, heavy guitars.
    I digress.
    If it were like new, I’d say $1500, heavily used $1100, in between, uh, in between ($1250).
    They don’t sell the quickly or easily, around here.
    I only know two local B bender guys, and I’m one of em’.
     
  3. Digiplay

    Digiplay Tele-Holic

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    Then we need to recruit more Austin B Bender Players :)


    What would it be worth if it were brand new, never been played?


    Not that it matters, but my Nashville B Bender weighs around 9 pounds, 4 ounces.
     
  4. T Prior

    T Prior Poster Extraordinaire

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    my take, its not really the condition but rather the model.

    B Benders, while they appear to be very popular, but they really are not. Players buy them , pay big bucks, learn a few licks and then get worn out with the 2 or 3 licks they know and then re-sell them. B Benders are not a novelty but many players treat them as such. The market is limited , especially at the north of $1200 price. Too much money invested to let it hang on the wall or live in the case.

    We see some crazy asking prices for the Fender PG's, between $1500 and $2000. The availability is low so the ASK is high. But the issue is clear, a very nice , under a grand Tele can have a custom installed Bender for under $700 , in some cases under $600 . So we do the math.

    I own a 2012 Fender PG, yes mint, I paid $1200 late last year, it's a fine guitar and the PG system works just fine, but this is a heavy guitar compared to my 08 USA Tele with the Forest Lee system. That guitar total was +/- $1500 , so right there to me is where the market value is capped out.

    I did offer my 2012 Fender PG for $1400, not one taker. It would probably sell very soon at $1200 but for now it stays put. I kinda like having it. I do play it often but not on gigs.

    My 3rd Bender is the Gibson Music City jr, made for two years back around 2012. It has the Glaser system and can be a B or G Bender. I paid full asking price for this late last year as well, under $1400 . For some crazy reason we see a few folks trying to sell these for near $2000, realistically the $1500 value is probably more accurate. But , compared to the Fenders, these are REALLY hard to find so a person with deep desire may not much care about the overall premium price, its the HUNT that matters. Finding just ONE for sale is a reward !

    I say the PG prices should fall in the $1200/$1300 range, maybe more on a good day, maybe a bit less on a slow day. Its the Bender model that matters , not the type of Telecaster.
     
  5. Silverface

    Silverface Poster Extraordinaire Platinum Supporter

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    I strongly suggest buying the Vintage Guitar Price Guide. While it doesn't list many newer "off the rack" guitars like yours it has grading guides and historical information about instrument values that is invaluable. Plus it's a great reference guide if you're shopping for productions tube amps and most guitars, basses, mandos, ukes, steels and effects made before 1995 and boutique/custom shop item that are newer.

    You can also spend some time looking up that specific model on reverb.com and clicking "sold items" in the left column. Look at pictures and read the descriptions - then look at the SELLING prices (asking prices on Reverb and eBay are useless for determining value - you can list something at any price you want!).

    Personally, after 50 years of buying and selling instruments things have not changed very much:

    1/2. There's virtually no difference between new condition (but "used" because it has been sold) and mint condition. And "mint" means not a single scratch, ding chip - NOTHING. Mint means "as new". But when it comes to "off the rack" guitars like yours, this class is worth less than new UNLESS it has had a professional setup - which they ALL need - which runs $150 and up if done by a highly qualified tech. Then it MIGHT be worth close to new price (and be a better instrument to boot).
    3./4/5 - you can find all these in the Price Guide. But first you need to get a consensus of "mint value".

    And modifications of that model can either add a small amount or nothing; if mods are non-reversible (holes drilled, routing done, etc) the value will be reduced; and if the guitar is refinished the value is reduced FIFTY percent.

    Refinishing deductions of 50% are true in about 90% of the guitars ever made - unless rare or very highly prized, refinishing is the ultimate sin.

    Also - do you understand that prices private parties will pay are MUCH higher than what dealers will pay (generally, with off the rack items, about 50% of what they can sell it for .

    There are also differences between "off the rack" commodity items and limited production item. The Music City Jr mentioned above was discontinued after a run of between 300-500 instruments. The Joe Bonamassa "Treasure" Firebird I in sunburst is VERY scarce; OTOH Nashville Teles with benders are all over the place, and the factory-installed bender does not add much - among experienced bender players it's considered the "entry level" shoulder strap bender. If the Parsons-Green bender had been added later it would REDUCE the guitar's value, at least among experienced buyers.
     
  6. Digiplay

    Digiplay Tele-Holic

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    That's for the lesson Silverface!

    And yes, I know that prices private parties will pay are MUCH higher than what dealers will pay (generally, with off the rack items, about 50% of what they can sell it for, and that holds true for ANY item they buy :)
     
  7. Rick Towne

    Rick Towne Tele-Afflicted

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    Good advise here. I have gone through many more vintage/speciality amps than guitars and they generally returned about 400% ROI (for daughter’s college) and I still have several. The only vintage guitars I ever tried were ‘70’s lefty Telecasters, and none were as good as my first year G&L ASAT Classic with the only lefty Glaser double bender made. I did see a lefty ‘50’s black guard at the old “Route 66 Guitars” but it was >$10K and I didn’t like it that much anyway.
     
  8. Mur

    Mur Tele-Afflicted

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    If the neck is on secure I'm fine with a beat-up Tele.
     
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  9. T Prior

    T Prior Poster Extraordinaire

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    I have 2 /52 RI teles, an 88 and an 89. The 89 is the road warrior, ding city. The 88 is a wall hanger in near mint condition.


    I always say, if I put another ding in the 89 , the value goes up

    and

    If I put a ding in the 88 , its value goes down.
     
  10. 24 track

    24 track Doctor of Teleocity Silver Supporter

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    there are al east 2 standards here
    collectors guitars if you had a limited run top of the line with providence guitars if the guitar has never been played or handled you can extimate after 5-10 years after the production run that guitar will have some serious aditional value

    example I have a friend with 2 Les paul Ultima tree of life limited run guitars that have never been played retail value 10,000.00 used in fine condition , because thes have never been out of the case or strummed 15,000.00-20,000.00 each with out question.

    HarpLady07.jpg

    for teles I dont know but I do know that a case bound broadcaster that is in new condition would command some ones first born male child and a mortgage
     
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