You have to decide if you are an amp collector/investor or a working musician.
Example:
I bought a 1966
Fender strat in 1976 for $150. I was laughed at by my musician friends at the time. (It was a "post CBS" and would nevet be worth squat)
Anyway, the trembar broke off in the block..I replaced and didn't keep the original.
Refinished it....
Put a 5 way switch in it....
Replaced the volume pot....
Replaced one of the saddles that was seized with rust....
Put a set of of pickups in it and let one of the original get away from me....
And probably some other shit I forgot about.
It's true that all this devalued the guitar and even though I re-refinished it in a proper lake placid blue nitro laquar paint job that's beautiful, it's probably a $4k to 5k guitar now instead of $12k guitar.
But, I sat down one time and estimated the money I made doing all the gigs I did with that strat. Ball park is that I have made over $100k with it by playing the shit out of it for 48 years.
If I had slid it under the bed and never played it or touched it....it would be worth $6k more to a collector than in it's current state.
$100,000.00 vs $6,000???
No-brainer. Use your
equip.ent and fix whatever needs fixing!
I have a pro reverb that I have had to repair, replace an output transformer, put speakers in, recap, and so on. I haven't even been back to gigging a year yet and I've probably AREADY made more money with it than I lost collectors value fixing it.
Fix 'em and play the shit out of 'em I say!