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Original Post By:
poster one
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Date: 5/6/2008 10:31:06 PM |
| A 60'S Martin "0" in mint condition just sold for $860 on eBay That's the highest I've ever seen one of these go for. IMO at least $300 more than what it's worth. This restores my confidence in Martin ukes that are in fine condition. Oh well, I hope the new owner is not afraid to play it. |
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Posted By:
allenhopkins
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Date: 5/7/2008 12:34:17 AM |
"What it's worth" is what you can get someone to pay for it.
Every time an aggressive eBay bidder jumps the price a couple hundred, the subjective value of all the other similar ukes (how many Martin Style 0's are out there? Thousands...) jumps up as well. But you still have to find a buyer who'll pay the new price scale.
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Posted By:
mLKauai
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Date: 5/7/2008 5:01:13 AM |
obvioulsy the buyer didnt check the "completed sales" search; but then again they dont have a long history to check with so ...
must be some factors or variables in the situation... first time buyer; curio buyer, etc
at any rate, a clean, mint vintage martin is a very collectible item.
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Posted By:
jeff mercer
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Date: 5/8/2008 1:18:46 AM |
| Ebay item #140098756603 either puts things in perspective, or blows them completely out of proportion, depending on how you approach it !! Imagine trying to justify THAT purchase to your significant other..Allen is right, though, the supply vs. demand thing has been going on for many years in the vintage Guitar/Mandolin/Banjo world, and it seems the vintage uke market is simply catching up for lost time. As the really high-end collectibles dissappear, the "lower end" stuff like Style 0's & Style 1's begin to climb in desirability. I've read that Martin may have made only around 200 5K ukes, yet many thousands of 0's, 1's etc..but many more thousands want one..so..supply vs. demand..although, a $50,000 ukulele ?
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