Value and Information Needed

Eddy--

Hi all,

I was proposed with the option to purchase a 2002 Epiphone Les Paul Custom 50th Anniversary Limited Edition in Ebony with gold hardware. The guitar is in mint condition and is number 549 out of 2002.

Can anyone tell me about this guitar and perhaps what its price should be in the second-hand market?

Thanks in advance,
Eden

Gearhead

In general the 'limited edition' is such an overplayed marketing card that the chances of an instruments 'scarcity' actually influencing its resale value are small. So what if 'only' 2002 of this particular model were made with that particular certificate of authenticity? LP Customs have been made since the fifties by (at Epiphone's quality level) by a dozen manufacturers and they probably still will be made in twenty year's time as well. The gold flakes off after 100-200 hours of playing and if this one is still mint it probably has not been played, which is not a sign of it being a particularly nice instrument to play.
My personal opinion on the value would be solely based on it being an Epi LP: somewhere between 3000 and 5000 depending on how badly you want it.

Eddy--

Gearhead wrote: In general the 'limited edition' is such an overplayed marketing card that the chances of an instruments 'scarcity' actually influencing its resale value are small. So what if 'only' 2002 of this particular model were made with that particular certificate of authenticity? LP Customs have been made since the fifties by (at Epiphone's quality level) by a dozen manufacturers and they probably still will be made in twenty year's time as well. The gold flakes off after 100-200 hours of playing and if this one is still mint it probably has not been played, which is not a sign of it being a particularly nice instrument to play.
My personal opinion on the value would be solely based on it being an Epi LP: somewhere between 3000 and 5000 depending on how badly you want it.

Thanks for the response. This limited edition run has the Les Paul 'story' on its back as far as I understand, and the instrument was purchased as a collector's item by original owner as far as I understand, and hence, was not used.

nazarene

Eden wrote:
Gearhead wrote: In general the 'limited edition' is such an overplayed marketing card that the chances of an instruments 'scarcity' actually influencing its resale value are small. So what if 'only' 2002 of this particular model were made with that particular certificate of authenticity? LP Customs have been made since the fifties by (at Epiphone's quality level) by a dozen manufacturers and they probably still will be made in twenty year's time as well. The gold flakes off after 100-200 hours of playing and if this one is still mint it probably has not been played, which is not a sign of it being a particularly nice instrument to play.
My personal opinion on the value would be solely based on it being an Epi LP: somewhere between 3000 and 5000 depending on how badly you want it.
Thanks for the response. This limited edition run has the Les Paul 'story' on its back as far as I understand, and the instrument was purchased as a collector's item by original owner as far as I understand, and hence, was not used.

That guitar looks pretty sweet!
Def something special! Id pay R5500 - R6500 for it but the seller might want a bit more :/ who knows. There are soe good info about this 50th anniversary model as well as some that sold on ebay to give you an idea of its value.

V8

Gearhead wrote: My personal opinion on the value would be solely based on it being an Epi LP: somewhere between 3000 and 5000 depending on how badly you want it.

^^^ +1. If the guitar "speaks to you", maybe 10-20% extra.

I didn't see anything (interesting visuals aside) that would tempt me. I'd pay a extra for a spec that I'm keen on - ebony fretboard, stainless steel frets, etc..But there are so many LP copies (Epi's, Tanglewoods, Cort, Chibson's, Tokai's) out there...there isn't much collectors value in a contemporary Epi.

If I had to have a LP - I'd be tempted by a Tokai.

Mark-Hawke

Hi guys

I'm hoping someone can help me, I have an Ibanez LS300 in good condition and thinking of selling it but have no idea what it is worth here in Sa. Does anyone have an idea?