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valuation on my 47 ri

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slothead
Posted 2015-10-10 9:23 AM (#516013)
Subject: valuation on my 47 ri


Joined:
July 2004
Posts: 147

Location: liverpool ,england
What's the going rate for these roughly ? Kind regards Gary
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Designzilla
Posted 2015-10-10 10:12 PM (#516033 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
December 2004
Posts: 2150

Location: Orlando, FL
I'm pretty sure the last one I saw sell went for $5000. I wouldn't sell mine for less than that. YMMV.

Great guitars!

Edited by Designzilla 2015-10-10 10:13 PM
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slothead
Posted 2015-10-15 3:06 AM (#516163 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
July 2004
Posts: 147

Location: liverpool ,england
I am based in the UK but would like to sell it but not many over here so thought I'd try here for a better response any other thoughts on resalable value? Kind regards slothead.. oh and thanks design zillion much appreciate it
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Old Man Arthur
Posted 2015-10-15 3:57 AM (#516164 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR
HERE is a list of all of the 47RI's that Jerome knows about.

While searching around I have found 47RI's that sold for around $4500 way-back-when.
Understand that there will never be another one of these made.
Even if DW starts producing Adamii, it won't be the same.
Insurance value? (Let's play Antiques Roadshow) At least $10K.
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Standingovation
Posted 2015-10-15 8:41 AM (#516167 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
June 2002
Posts: 6191

Location: Phoenix AZ
I would think $5000 to $7000 would be in the ballpark
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AussieJames
Posted 2015-10-25 1:56 PM (#516632 - in reply to #516167)
Subject: Re: valuation on my 47 ri



Joined:
June 2007
Posts: 3084

Location: Brisbane Australia
I just sold mine here in Oz!

AJ
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Mark in Boise
Posted 2015-10-28 1:18 PM (#516829 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
March 2005
Posts: 12750

Location: Boise, Idaho
If I had to sell all but three of mine, I think I'd keep the 47RI. Mine's #66 BTW.
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elginacres
Posted 2015-10-30 8:49 AM (#517898 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
July 2005
Posts: 1609

Location: Colorado
Yours is nice mark...alotta tone
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Tim in Tidewater
Posted 2015-10-30 2:26 PM (#517914 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
December 2005
Posts: 1234

Location: Tidal Mudflats of Virginia
I sold mine for $4,500 USD five years ago. Was only trying to break even and give someone else the chance to own a slothead. My OFC I wideneck will not go cheaply.

Edited by Tim in Tidewater 2015-10-30 2:28 PM
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Koenig Kurt
Posted 2015-11-03 4:44 AM (#518103 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
April 2006
Posts: 847

Location: Munich, Germany
I think you all are too optimistic. I'd love to sell mine, but I doubt I would get 4,500 Euros over here.

Best regards,
Kurt
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Old Man Arthur
Posted 2015-11-03 5:31 AM (#518106 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR
Kurt, we a trying to tell Slothead the VALUE of the guitar.

As far as the market goes...
I have paid way below reasonable price on a few guitars lately.
Also, this market is why I have not sold anything lately.
I keep listing stuff, but nobody wants to pay me what it is worth.
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Koenig Kurt
Posted 2015-11-03 6:16 AM (#518108 - in reply to #518106)
Subject: Re: valuation on my 47 ri



Joined:
April 2006
Posts: 847

Location: Munich, Germany
<p>Yep, it's a shame, That's why all my guitars are still here - and I'd love to thin the herd. But as long as nobody's willing to pay reasonable, they all stay. Even if I don't play them, they are nice to look at. Best regards, Kurt</p>

Edited by Koenig Kurt 2015-11-03 6:17 AM
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slothead
Posted 2015-11-09 1:55 PM (#518425 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
July 2004
Posts: 147

Location: liverpool ,england
Cheers guys must have appreciate you taking the time to reply. .
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Mark in Boise
Posted 2015-11-09 2:28 PM (#518428 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
March 2005
Posts: 12750

Location: Boise, Idaho
I thought we got off track, but you asked for the "going rate" in your first post and it appears that not many of them are going anywhere.
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nerdydave
Posted 2015-11-09 8:04 PM (#518434 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
August 2011
Posts: 887

Location: Always beautiful canyon country of Utah
But there is the VALUE of the guitar and then there is what the current market is willing to bear. Is there a difference between these two??
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Old Man Arthur
Posted 2015-11-09 8:28 PM (#518435 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR
Hell Yeah!

Okay... This can be a really philosophical vs. reality question.
I paid $267 for my GCS771-4C, including shipping and case.
I would say that the Value of that guitar is much more than the Current Market.

But remember... A guitar is only worth what the buyer is willing to pay and seller is willing to accept.
FAQ
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nerdydave
Posted 2015-11-09 9:17 PM (#518436 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
August 2011
Posts: 887

Location: Always beautiful canyon country of Utah
So current market (what a guitar will fetch now) and VALUE are two entirely separate entities??
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Mark in Boise
Posted 2015-11-09 9:37 PM (#518437 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
March 2005
Posts: 12750

Location: Boise, Idaho
We keep changing the words. The title said "valuation", but the first post asked about the "going rate". Something can have value, but until there are comparable sales, there's no way to tell what the "going rate" is. Nothing is going. Same with market value. There has to be a market. If nobody is buying, there's no market, so no market value. Anything at the higher end is harder to value. Our house sold for much less than its value because the market was bad. Since slothead said he wants to sell it, the market value and going rate are the same. What would a reasonable buyer pay for it? Kurt may be right, but there really haven't been enough sales to tell. List it for $6K and see if you get any interest.
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Koenig Kurt
Posted 2015-11-10 3:29 AM (#518438 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
April 2006
Posts: 847

Location: Munich, Germany
I did not place it on ebay, but all other offers I got have not been more than 3000 Euros.
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DetlefMichel
Posted 2015-11-19 5:49 AM (#518688 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
May 2011
Posts: 751

Location: Muenster/Germany
Es stimmt halt nicht, dass alles teurer wird, Du musst nur mal versuchen, etwas zu verkaufen.
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Nancy
Posted 2016-03-16 1:03 PM (#522978 - in reply to #516167)
Subject: Re: valuation on my 47 ri



Joined:
December 2014
Posts: 1713

Location: Frozen Tundra of Minnesota
Standingovation - 2015-10-15 8:41 AM

I would think $5000 to $7000 would be in the ballpark


I did well then. Holy Grail found and bought!
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d'ovation
Posted 2016-03-16 2:06 PM (#522979 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
December 2003
Posts: 846

Location: Canada
Congrats Nancy ... will be some tough competition for the bearclaw.
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Mark in Boise
Posted 2016-03-16 3:23 PM (#522981 - in reply to #516013)
Subject: Re: valuation on my 47 ri


Joined:
March 2005
Posts: 12750

Location: Boise, Idaho
The young man who posted the thread about researching Ovation history has at least one #47 RI. I forgot to ask him what numbers he had. They are truly awesome guitars. I hope all the 50th Anniversary guitars are at least close.
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Nancy
Posted 2016-03-16 3:55 PM (#522982 - in reply to #522981)
Subject: Re: valuation on my 47 ri



Joined:
December 2014
Posts: 1713

Location: Frozen Tundra of Minnesota
Thanks Guys!

I have wanted one of these since I first saw Tony's.... But the few I have seen come up for sale either came up when I didn't have the money, or were gone in under 3 minutes. Got paid for a horse, AND my Tax Refund yesterday... and this one was still there this morning. It seemed Divine Direction that it was supposed to be mine! Who am I to say No to the Big Man Upstairs??? And the Seller came down another $400, that was all the acknowledgment I needed that it was meant to be!



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Damon67
Posted 2016-03-17 11:52 AM (#522992 - in reply to #516013)
Subject: Re: valuation on my 47 ri



Joined:
December 2006
Posts: 6992

Location: Jet City
Congrats! One of the very best for sure
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