Rudedawg

Thank you all for the responses. The reason for my question was I had asked our StateFarm agent about add on coverage for keepsake jewelry, guitars and vintage firearms in which she suggested we get a personal articles policy that went above and beyond our homeowners policy. The policy is not very expensive and as I understood a formal appraisal or receipt was not required because some items were inherited but as mentioned values need to be assigned to each article. The amount of coverage is automatically adjusted annually based on the Consumer Product Inflation index. She did mention that it is wise to have rare valuable items professionally appraised periodically just to make sure the item's coverage amount doesn't need to be adjusted either way. I'll talk to her a little more in length in the upcoming weeks but at this point seeing the info posted by sparquelito and what this guitar has sold on places like Reverb, etc. a good value should be in the $1200.00 - $1750.00 range. Thanks again everyone, play loud and proud.

Thank you, I'll give that some thought for sure.

I am reassessing the values of all our music equipment for our homeowners insurance and am requesting the value of my 1999 Les Paul Standard Lite Double Cutaway. It has a mahogany body and neck, maple top, 24-fret rosewood fretboard, with 492R/'57 Classic humbuckers, gold hardware and body is Translucent Blue. The guitar and oem Gibson USA case is in absolute mint condition. I have searched but cannot find my specific model's value so any advise is greatly appreciated, thanks in advance.