So I know typically we don't really talk about an instrument's value on here because there's many factors in the used market that affect that.
However, I'm more curious on everyone's opinion on this matter. Someone is selling a very beat up (it was used on several tours) PRS that was used by someone who was in a pretty high-profile band.
The price has been listed anywhere from $2000 to $13,000 on numerous sites and it still won't sell (I'm not surprised). It is pretty worn as stated, and still pricier than excellent condition instruments of the same model.
So I guess my overall question is, at what point would an artist used instrument actually increase it's value, regardless of condition? This guitarist isn't even currently in the band any more, and is definitely not a household name. I know roughly what the person selling it paid for it from the guitarist, and I think they're now trying to make a profit off of it, and I would imagine that it should just sell at the price-point that that model would normally sell at in that condition.
In my opinion, if I can't go "This is *insert name here*'s guitar" without getting confused looks from people, because they have no idea who I'm talking about, it isn't worth it, whereas if someone were to have say, a guitar played by Jimmy Page, Jimi Hendrix, Slash, etc., everyone knows who they are and I would expect their instruments to increase in value because of it.
I know this is slightly random... but thoughts?
However, I'm more curious on everyone's opinion on this matter. Someone is selling a very beat up (it was used on several tours) PRS that was used by someone who was in a pretty high-profile band.
The price has been listed anywhere from $2000 to $13,000 on numerous sites and it still won't sell (I'm not surprised). It is pretty worn as stated, and still pricier than excellent condition instruments of the same model.
So I guess my overall question is, at what point would an artist used instrument actually increase it's value, regardless of condition? This guitarist isn't even currently in the band any more, and is definitely not a household name. I know roughly what the person selling it paid for it from the guitarist, and I think they're now trying to make a profit off of it, and I would imagine that it should just sell at the price-point that that model would normally sell at in that condition.
In my opinion, if I can't go "This is *insert name here*'s guitar" without getting confused looks from people, because they have no idea who I'm talking about, it isn't worth it, whereas if someone were to have say, a guitar played by Jimmy Page, Jimi Hendrix, Slash, etc., everyone knows who they are and I would expect their instruments to increase in value because of it.
I know this is slightly random... but thoughts?
. If it were an investment only, perhaps, but I don't have a million bucks to plop down on Peter Green's, by way of Gary Moore's LP. I just don't think I'd want an artist's instrument. Not a ton of appeal, at least not for me. I do get why people THINK they should command a higher value. I don't necessarily agree with them though.
