Dave F Posted January 4, 2022 Share Posted January 4, 2022 https://www.ebay.com/itm/175092890244 Price: US $11,999.99 Quote Link to comment Share on other sites More sharing options...
tpbiii Posted January 4, 2022 Share Posted January 4, 2022 WOW -- they are pretty rare, but not that rare. I paid $250 for mine -- a long time ago I wonder what it is actually worth. Here is what mine sounds like. It is good for some stuff IMO. Let's pick, -Tom Quote Link to comment Share on other sites More sharing options...
jt Posted January 4, 2022 Share Posted January 4, 2022 Aggressively priced, to put it nicely. 🙂 The Banner LG-1 is among Gibson's rarest guitars: the company only shipped 139. Here is mine, along with its Banner LG2 and 3 siblings: And here's a comparison video: Quote Link to comment Share on other sites More sharing options...
olie Posted January 4, 2022 Share Posted January 4, 2022 The difference between a working guitar and a museum piece.No big shock. Quote Link to comment Share on other sites More sharing options...
Dave F Posted January 4, 2022 Author Share Posted January 4, 2022 (edited) 1 hour ago, olie said: The difference between a working guitar and a museum piece.No big shock. Great condition, yes. Museum, no. Tuners replaced, buttons replaced, neck reset, different bushings plus it looks like the saddle is very low so another neck reset may be in its future. The seller only grades it as a collectible, not a museum quality. I believe John’s LG2 and 3 would surpass this one condition wise. My LG1 has never had a neck reset, has plenty of saddle. Just my guess that it would be valued between 4 to 6K because it’s crack free and except for the tuners, all original, but then I’m not an appraiser. Edited January 4, 2022 by Dave F Quote Link to comment Share on other sites More sharing options...
olie Posted January 4, 2022 Share Posted January 4, 2022 6 minutes ago, Dave F said: Great condition, yes. Museum, no. Tuners replaced, buttons replaced, neck reset, different bushings plus it looks like the saddle is very low so another be closer reset may be in its future. The seller only grades it as a collectible, not a museum quality. I believe John’s LG2 and 3 would surpass this one condition wise. My LG1 has never had a neck reset, has plenty of saddle. Just my guess that it would be valued between 4 to 6K because it’s crack free and except for the tuners, all original, but then I’m not an appraiser. True that, but when they shipped only 139 it falls into a category of rarity. Quote Link to comment Share on other sites More sharing options...
RBSinTo Posted January 4, 2022 Share Posted January 4, 2022 The seller can price it at whatever value he likes. Twelve thousand or twelve million. It doesn't matter one bit. The final price that a buyer pays is what will tell the tale. Everything in between is just commentary. RBSinTo Quote Link to comment Share on other sites More sharing options...
Sgt. Pepper Posted January 4, 2022 Share Posted January 4, 2022 59 minutes ago, RBSinTo said: The seller can price it at whatever value he likes. Twelve thousand or twelve million. It doesn't matter one bit. The final price that a buyer pays is what will tell the tale. Everything in between is just commentary. RBSinTo Your right. I’ve said it before and I’ll say it again (one members gave me c-rap for saying it), a guitar is worth what you are willing to sell it for and what someone is willing to pay for it - no more and no less. Quote Link to comment Share on other sites More sharing options...
Dave F Posted January 5, 2022 Author Share Posted January 5, 2022 Here's my LG1 being compared to the reissue, the same one that John Thomas had. Quote Link to comment Share on other sites More sharing options...
tpbiii Posted January 5, 2022 Share Posted January 5, 2022 11 hours ago, olie said: True that, but when they shipped only 139 it falls into a category of rarity. Don't confuse "shipped" with "manufactured." Quote Link to comment Share on other sites More sharing options...
olie Posted January 5, 2022 Share Posted January 5, 2022 44 minutes ago, tpbiii said: Don't confuse "shipped" with "manufactured." What would happen to guitars that weren't shipped? Quote Link to comment Share on other sites More sharing options...
jt Posted January 5, 2022 Share Posted January 5, 2022 10 hours ago, Dave F said: Here's my LG1 being compared to the reissue, the same one that John Thomas had. Thanks for this, Dave! Quote Link to comment Share on other sites More sharing options...
jt Posted January 5, 2022 Share Posted January 5, 2022 7 hours ago, olie said: What would happen to guitars that weren't shipped? I interviewed the woman who made the entries in Gibson's shipping ledgers during WWII. She stated that she documented in the ledgers all guitars that Gibson sold. So, in the rare event that someone picked up a guitar at the factory, she still entered it in the ledgers. And Gibson did not stockpile guitars, never shipping them. Quote Link to comment Share on other sites More sharing options...
Dave F Posted January 7, 2022 Author Share Posted January 7, 2022 On 1/4/2022 at 11:21 AM, Sgt. Pepper said: Your right. I’ve said it before and I’ll say it again (one members gave me c-rap for saying it), a guitar is worth what you are willing to sell it for and what someone is willing to pay for it - no more and no less. On 1/6/2022 at 3:39 PM, Sgt. Pepper said: That is bad a-ss. Alex Lifeson played one the first time I saw Rush in '81. I wanted one. I played one in Guitar Center about 5 years ago, but they wanted too much for it. Just like this LG1. It's only worth $11,999 if someone buys it, which I doubt will happen. Quote Link to comment Share on other sites More sharing options...
Sgt. Pepper Posted January 7, 2022 Share Posted January 7, 2022 3 minutes ago, Dave F said: Just like this LG1. It's only worth $11,999 if someone buys it, which I doubt will happen. Jim Irsay can afford it and other richies. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.