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Mikew
Username: Mikew

Registered: 2-2007
Posted on Wednesday, May 09, 2007 - 6:32 am:   

Hi folks,

what do you think about this beauty ?? How far would you bid ???

Ebay Item #180112148664
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Gemberbier
Username: Gemberbier

Registered: 5-2006
Posted on Wednesday, May 09, 2007 - 4:45 pm:   

1666.66 US dollars if I were USA, which I'm not.
In Holland 1739.49 euros.
(2/3 of the 1993 list prices)


Ginger
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Wildfield
Username: Wildfield

Registered: 5-2005
Posted on Wednesday, May 09, 2007 - 5:10 pm:   

I sold my GB100 (excellent condition) in November of 2004. I listed it on e-Bay with a BIN price of $2,200. The auction lasted only a few hours.
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Gemberbier
Username: Gemberbier

Registered: 5-2006
Posted on Wednesday, May 09, 2007 - 5:49 pm:   

Wow, 88% of the list 1993 price ($2,499.95)
In 1996 the list price was $2699.95.
In 1997 the GB100 was discontinued.

But Wildfield, with all respect, you gave a seller's answer to a buyer's question.
If you offer a USA guitar for $2,200.- a European buyer would pay $1,617.65 at an exchange rate of 1:1.36

So I guess it was bought by a European guy.
Did I guess right?

Ginger
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Wildfield
Username: Wildfield

Registered: 5-2005
Posted on Wednesday, May 09, 2007 - 6:54 pm:   

Ginger,

My guitar was purchased by a nice man in Kentucky.

Mine was a 2001 GB100 in pristine condition. I purchased it new in Hong Kong for US$1590 (HK$12,000).

"Seller's answer to a buyer's question"?

Sorry - I didn't understand this comment.

My intention was to give one example of what a GB100 sold for in 2004. Nothing more, nothing less.
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Gemberbier
Username: Gemberbier

Registered: 5-2006
Posted on Wednesday, May 09, 2007 - 9:37 pm:   

Wildfield,

What I meant is that Mike asked: "How far would you bid?"

That's a different question than: "What can I ask for this guitar in the present market situation?"

It's a different approach.

You managed to sell it a 2200 dollars, which is 88% of the 1993 list price and 84.6% of the 1986, a remarkably GOOD result.

If a Dutch guy sees this price, his calculation says "Hey, that's only 62% of the 1993 Dutch list price, so that's a bargain!"

I'm surprised to read that your guitar was a 2001, because it was not in the USA pricelists any more since 1997. That it was still in production in 2001 is interesting info.

BTW, I totally missed the 2004. I thought you were talking 2006. That makes your deal even BETTER. You're a good businessman. Played 3 years and gained $600.-

That's the way to do it!


Ginger
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Wildfield
Username: Wildfield

Registered: 5-2005
Posted on Thursday, May 10, 2007 - 12:28 am:   

I recall seeing the GB100 on Ibanez' Japan website until very recently. I guess they continued to offer it in Asia after they discontinued it in other markets.

I do understand Mike's original question. I do not know the answer. I offered my experience as an example of what another buyer was willing to spend.

At one time I wanted to buy an AM50 for $500. I kept losing auctions because they would sell for $700 to $1,000. Based on the selling prices, I had to decide for myself if I was willing to spend more.

Darryl
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Gemberbier
Username: Gemberbier

Registered: 5-2006
Posted on Thursday, May 10, 2007 - 7:59 am:   

If a USA buyer has to compete with a euro-country or pound-sterling-country buyer over a USA guitar today, the price can get pretty high.

And there is always the "fallen-in-love-factor".
Saltapaya paid $1499.- for an AM50.

And the GB20 is a guitar to fall in love with.

For non-vintage guitars, 1/2-2/3 is normal. For a MIJ Ibanez that's 2/3 (66.7%) but 70%-75% is sometimes necessary to shake off the competition.

84-88% is an excellent example of a "fallen-in-love" buyer.

In order to decide how far you should go, you should be able to look inside the heads of the competition, if there is any. Until now nobody took the BIN option and nobody placed a bid.
So nobody with enough money has fallen in love yet.


Ginger
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Pitchpocket
Username: Pitchpocket

Registered: 12-2005
Posted on Thursday, May 10, 2007 - 2:01 pm:   

What would a GB-12 be worth? It is the original GB 100 isn't it? I saw one for sale recently for around $1800.
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Guitartim
Username: Guitartim

Registered: 4-2001
Posted on Friday, May 11, 2007 - 10:09 am:   

Pitch~ Are you saying that you didn't grab that $1,800 GB12???? They can go for double that...easy!

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