alwittlich Posted November 26, 2009 Share Posted November 26, 2009 Hi everyone. New to this forum and need some advice. I have a 1978 Les Paul Custom Cherryburst that I bought about 14 years ago for around $1000. I'm trying to figure out what the current value might be, considering selling, but am having some troubles as there are a lot of non orig. parts etc. Here's the specs... Year/Color: 1976 Cherryburst, nice grain showing through, not a flame top, but very pretty top. Norlin era, but it sounds better than lots of other supposedly superior Les Pauls that I've tried. Some dings, scratches, but not too many, 1" piece of binding is somewhat marred/melted? but my arm covers it, so whatever. Hardware: Gold pretty fair amount of wear, black strap-locks, black input jack surround (probably replacements). Plastic Hardware: Aged cream (yellowed to match binding), original plastic hardware was black I believe, selector switch color: amber, surround is aged cream. Knobs are original (I think) gold top hats. Tuners: Schaller, Gold, stays in tune great. Pickups/electronics: Not orignial, Seymour Duncans, sound fantastic, pickup covers are aged nickel (looks really nice with the worn gold hardware). Caps are: a really old .01 microfarad Sprague black beauty in the treble position and a newer orange drop .01 microfarad in the rhythm position. I experimented a lot with the caps and this offers what I consider the best "Burstlike" sound. 1950s wiring style. Neck: Has obvious repair at joint. Looks like it was maybe re-set. Not noticeable until you look close and can sort of see a discolored seam. I didn't notice it until long after I had the guitar. Straight as an arrow and sturdy as all get-out. No problems since I've had it, action is sweet. Frets are in good shape as well. I can email pics if anybody wants to see the guitar Not yet set up on a pic sharing site. Any advice on valuation would be greatly appreciated. Thanks!!!!!!!!! Link to comment Share on other sites More sharing options...
deepblue Posted November 26, 2009 Share Posted November 26, 2009 A picture is the best bet....set one up, it doesnt take long. Link to comment Share on other sites More sharing options...
Tim Plains Posted November 26, 2009 Share Posted November 26, 2009 If you want to know what it's worth, have a look at the Vintage Guitar Price Guide. If you want to know how much money you would probably get if you sold it, check eBay's completed listings. With a neck repair, probably 30% - 50% of what a mint one would sell for. Link to comment Share on other sites More sharing options...
Eracer_Team Posted November 26, 2009 Share Posted November 26, 2009 try this.. https://store.bluebookinc.com/Guitars/Default.aspx Link to comment Share on other sites More sharing options...
bullet22 Posted November 26, 2009 Share Posted November 26, 2009 List it on ebay with lots of pics and a good description, and set a very high reserve (like $1 million) - nobody will ever reach it but you'll get to find out the highest they'll pay. Link to comment Share on other sites More sharing options...
Riverside Posted November 26, 2009 Share Posted November 26, 2009 There is a difference between "worth" and recent sale prices? (In terms of money?) Dang - this is more confusing than jewelry. Link to comment Share on other sites More sharing options...
Tim Plains Posted November 26, 2009 Share Posted November 26, 2009 There is a difference between "worth" and recent sale prices? If you look at the VGM Price Guide, a used R9 is "worth" $4,300 but they sell on eBay for $3,000. Link to comment Share on other sites More sharing options...
Riverside Posted November 26, 2009 Share Posted November 26, 2009 If you look at the VGM Price Guide' date=' a used R9 is "worth" $4,300 but they sell on eBay for $3,000.[/quote'] That makes no sense whatsoever. Do they charge money for that service? Link to comment Share on other sites More sharing options...
Tim Plains Posted November 26, 2009 Share Posted November 26, 2009 What's so hard to understand? Link to comment Share on other sites More sharing options...
Riverside Posted November 26, 2009 Share Posted November 26, 2009 What's so hard to understand? How can something be worth $4,300 if it sells for $3,000? Goofier than jewelry, if you ask me. Link to comment Share on other sites More sharing options...
saturn Posted November 26, 2009 Share Posted November 26, 2009 IMO, something is worth as much as someone is willing to pay for it. No more, no less. Link to comment Share on other sites More sharing options...
Eracer_Team Posted November 26, 2009 Share Posted November 26, 2009 Here is a current Ebay item.. http://cgi.ebay.com/VINTAGE-1960-GIBSON-LES-PAUL-STANDARD-BURST-OHSC-TAGS_W0QQitemZ180433734696QQcmdZViewItemQQptZGuitar?hash=item2a02b04c28 Buy it now.. Only $399,000.00 or make an offer. so it might be worth 400G's but what is someone really willing to pay for it? In todays economy.. highly doubt that this unit will draw enough money for the seller to say sold. for the '76 Norlin with a broken head stock somewhat fixed and a lot of non-orignal parts... I'll put my best guess down no higher than Link to comment Share on other sites More sharing options...
Riverside Posted November 26, 2009 Share Posted November 26, 2009 Here is a current Ebay item.. http://cgi.ebay.com/VINTAGE-1960-GIBSON-LES-PAUL-STANDARD-BURST-OHSC-TAGS_W0QQitemZ180433734696QQcmdZViewItemQQptZGuitar?hash=item2a02b04c28 Buy it now.. Only $399' date='000.00 or make an offer. so it might be worth 400G's but what is someone really willing to pay for it? In todays economy.. highly doubt that this unit will draw enough money for the seller to say sold. for the '76 Norlin with a broken head stock somewhat fixed and a lot of non-orignal parts... I'll put my best guess down no higher than [/quote'] Not asking price, sale price. Look up completed listings. Link to comment Share on other sites More sharing options...
Riverside Posted November 26, 2009 Share Posted November 26, 2009 Here is a current Ebay item.. http://cgi.ebay.com/VINTAGE-1960-GIBSON-LES-PAUL-STANDARD-BURST-OHSC-TAGS_W0QQitemZ180433734696QQcmdZViewItemQQptZGuitar?hash=item2a02b04c28 Buy it now.. Only $399' date='000.00 or make an offer. so it might be worth 400G's but what is someone really willing to pay for it? In todays economy.. highly doubt that this unit will draw enough money for the seller to say sold. for the '76 Norlin with a broken head stock somewhat fixed and a lot of non-orignal parts... I'll put my best guess down no higher than [/quote'] Not asking price, sale price. Look up completed listings and see what something actually sold for. Link to comment Share on other sites More sharing options...
alwittlich Posted November 26, 2009 Author Share Posted November 26, 2009 Thanks everybody! I'll have to check some of that stuff out. I'll probably end up keeping it anyway the more I think about it. I don't know if I can part with her. If I'm writing this kind of stuff, that probably means I should never sell it. I know I still regret getting rid of my '76 LP/SG 3 pickup monster and my 1980 Silverburst LP Custom. Still curious to see what it may be worth though. Thanks again for all of the advice. Asking price, selling price, appraised price, it can get a little confusing I guess. I'm more interested in a ballpark figure. Guess I'll go get set up to post some pics so ya'll can get a look. Link to comment Share on other sites More sharing options...
NeoConMan Posted November 27, 2009 Share Posted November 27, 2009 Neck repair destroys the market value. Not just that, many buyers won't consider buying it at any price if it's had neck trouble - myself included. You own it, and you know if it's a cool guitar better than anybody. If it's solid and plays good, keep it and play the hell out of it. No sense in giving it away. Down the road, what would it cost you to replace it? Link to comment Share on other sites More sharing options...
Riverside Posted November 27, 2009 Share Posted November 27, 2009 Down the road' date=' what would it cost you to replace it?[/quote'] Prolly what the same thing sells for, not what is printed in some book aimed at cork-sniffers. That is, unless you're fooled into buying from a cork-sniffer. Link to comment Share on other sites More sharing options...
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