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Joined: January 2010 Posts: 5
Location: NewZealand | Hi everyone,
I'm new here & would appreciate a little help in determining the value of my Ovation folklore 6774 steel strung guitar.
I bought it back in the late nineties & at that time they were around $1700usd (in the states).....Over here in NewZealand It would cost over $4,000 NZD to replace it with a new one if you could get one but they have been discontinued for a while.
It's in really good condition too,very well looked after & not played a great deal either.
Thanks in advance,
Jaydeer44 |
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Joined: May 2008 Posts: 4996
Location: Phoenix AZ | Hi and welcome to the forum. Figure about 50% depreciation per decade. So if it's 10 years old I would guess you'd get about $800. in the states for it. |
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Joined: January 2010 Posts: 5
Location: NewZealand | Many thanks for the heads up!
All the best for 2010.
jD |
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Joined: February 2008 Posts: 747
| Originally posted by Gallerinski:
Figure about 50% depreciation per decade. That means mine is close to the point where I'd have to pay someone to take it away. |
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Joined: September 2006 Posts: 10777
Location: Keepin' It Weird in Portland, OR | Yeah Joe, but I am thinking that there comes a time where that devaluation turns-around.
Suddenly it goes from being "OLD" to being "Vintage" and Desirable.
But you have to find someone who wants it bad enough.
Every time that I have bid on a Folklore, somebody wanted it more than Me! :mad: |
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Joined: May 2008 Posts: 4996
Location: Phoenix AZ | OMA is correct. It's call the "bathtub curve". |
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Joined: January 2010 Posts: 5
Location: NewZealand | thanks OMA....what do these guitars go for in the States seconhand?
Regards,
Joe. |
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Joined: January 2010 Posts: 5
Location: NewZealand | hi Gallerinski,
i'll be back another time for registration as the instrument is hidden away in a shop at the moment...Not sure when i'm going into the city?
Regards,
Joe. |
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Joined: December 2003 Posts: 13988
Location: Upper Left USA | You might save on shipping and sell to a handful of Aussies on this board. |
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