Is $180,000 for a Les Paul fair???

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Outlaws said:
Well, Joe Perry lost his '59 and was heart broken. Its not like he couldn't afford to go buy another one, but he loved that guitar...
...
Sounds like there might be more to it than just another guitar if it can mke someone like Joe Perry hurt so much.
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Someone like Joe Perry wouldn't buy a '59 because it's cool to own one, because he can afford to buy a few (even at a 1/4 Mill each!).

He would choose a guitar based on how it plays and sounds - and 'his' '59 was chosen years ago for those reasons alone - the fact that it was made in 1959 was (very) secondary to the fact that he loves the way it plays and sounds.

. . . and that's the way it should be for a non-investor.

But as an investment, it's overall condition and originality that counts.

. . . and that's a whole different set of criteria. An investor knows that there will be a young nouveau riche rock star coming along who wants to be included in the 'Me too, I'm cool' vibe of owning a '59 and will pay whatever it takes to join that club. Flame and condition really count in this arena, as the guitar is more about a statement than a musical instrument. In those circles it is an icon that they think says 'I've arrived, I'm a rock star and can stand with the Joe Perry's of the world'
Slash is a great example of a guy who can barely play (flame me now, y'all) but wants to have the high profile 'I;m cool' vibe going on.

. . . and if he has to pay $250k to get it, he will.
 
foo said:
Slash is a great example of a guy who can barely play (flame me now, y'all) but wants to have the high profile 'I;m cool' vibe going on.

. . . and if he has to pay $250k to get it, he will.
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Except for the fact that 99% of all of Slash's studio work is done on a LP copy of a '59 that was not built by Gibson.

What were you saying again? ;) :D
 
OK I'm really sick now...in 1982 I sold a 1955 Les Paul, all original except bridge saddles, in the original hardshell case, I even had the original sales slip from January 1956, I thought $2300 was a good deal at the time.
 
GOt anything else you'd like to sell cheap? :rolleyes:

:p :p

Got rorted mate.
 
Personally if I had that sort of money I would buy a guitar just like mine for £1000, a fat amp, and build a recording studio. Surely your getting a better deal. But then I'm not a fan of Les Pauls at all.
 
Outlaws said:
Except for the fact that 99% of all of Slash's studio work is done on a LP copy of a '59 that was not built by Gibson.

What were you saying again? ;) :D
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Yep - it's not about what he actually uses - it's the fact that he owns one that counts.

At the 'come and jam with us' to raise money for (insert benefit/charity here) he shows up with his trophy, not his 'real' guitar.
 
Dani Pace said:
OK I'm really sick now...in 1982 I sold a 1955 Les Paul, all original except bridge saddles, in the original hardshell case, I even had the original sales slip from January 1956, I thought $2300 was a good deal at the time.
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$2,300 was a good deal at that time for a mid-50s goldtop or Custom.

. . . and it's not worth $180k now - so don't make yourself crazy.

I think in really good shape they're worth $15k - $20k. But I haven't looked at the prices lately.

Anyone?
 
foo said:
$2,300 was a good deal at that time for a mid-50s goldtop or Custom.

. . . and it's not worth $180k now - so don't make yourself crazy.

I think in really good shape they're worth $15k - $20k. But I haven't looked at the prices lately.

Anyone?
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From a current thread in the Les Paul Forum: '56 Goldtop Thread
 
hiwatt357 said:
From a current thread in the Les Paul Forum: '56 Goldtop Thread
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Yeah. It's really been in the last year or two that the prices of some of these collectible instruments has exploded through the roof. Heck, $10 or 15 grand for an early Paul (in good shape) almost sounds reasonable to me. (Although I am NOT a collector, and have never paid those kinds of prices for an instrument, even though I've owned a few old instruments which were considered collectible pieces.) After all, you SHOULD have to pay a premium for an early example of a nice instrument that is still in excellent condition. But the fact that instruments that were not all that popular to begin with and are not even in very good shape are now commanding outrageously high prices is what tells me that the musical instrument market is now slipping into "bubble" territory.
 
That's why I never revisited the LPF. I prefer hanging with musicians.
 
"im only 17, ive been playing guitar for 3 years, but will somebody please explain to me why its that expensive? theres NO way its thatmuch better than a regular les paul for it to be a 100 times more expensive? thats ridicuous."- Tom18222"

Well its aclled a vintage guitar. Old Gibsons adn other guitars like them are worth alot the older they get (to a certain extent). My vintage gibson is worth more now than it was originally, no where near $180,000 though, wishit was though
 
Well he got 1 bid for $180,000 but the reserve wasn't met..... Auction over....
 
So we still don't know that's it worth more than, say, $400.
 
Well, we know it's worth 180k to at least 1 person.....
And guitar Blue Books say it's worth a tad more than $400.....

That's like saying an original Ford Model T isn't as good as a Ford Focus, so it's only worth $200.... :confused:
 
wx3 said:
Hold on! I'll sell you my les paul for a fraction of that cost! $50 000! At this price what do u have to loose?!??!
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I only stand to lose my entire life savings. But hey, you throw in a strap with lightining bolt stitching and some alien face guitar picks, then I think you got yourself a deal! :)
 
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