What is the right price for 2003 Herb Ellis ES165?

[Twelve Bar Bob]

I have a 2003 Herb Ellis model ES165 advertised on the Vermont Musician's Marketplace and am wondering what is the right price to ask for it. The guitar is basically a "closet Queen". It was sold to me by a fellow that purchased the assets of a defunct music store and I just never got around to playing it. The instrument is in like-new condition. Searches for this model have turned up prices approaching $5000, but the guy selling it for me has it listed for less than $3000. What is the right price to ask?

[jdgm]

I would go high at first so you can always come down.

I am in UK so can't help much but it's worth more than $3k I'm sure, in that condition with that case.  Stunning and from a good period too.

Gibson are not manufacturing f-hole jazz guitars now, except to special order.   The market is 'niche' but this model in this colour and condition should be worth a little more IMO.