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How to Value an Ovation?

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Hedwig
Posted 2007-04-27 12:59 AM (#316755)
Subject: How to Value an Ovation?


Joined:
April 2007
Posts: 4

Location: New York
Hello all,
I've been reading the board with interest and decided to stop being a "lurker" and register/post.

I'm wondering if anyone can tell me the best place to look to figure out the value of a particular Ovation. I'm not "actively" looking to sell - I'm actually doing a home inventory for insurance purposes and realize that I have no idea of the value of my instruments. I have a 1755 Balladeer 12 String that I bought back in the 80's and a 1717 Legend (not the new one but the one with the OP24 Preamp) that I think I bought in the 80's too.

Would appreciate anyone's advice on where to begin the search.

Many thanks!
Hedwig ;-)
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colt357
Posted 2007-04-27 1:12 AM (#316756 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
September 2006
Posts: 713

Location: Alberta, Canada
Hedwig, welcome to the club.

I would suggest some time investigating Ebay for instruments the same or similiar to yours to gain insight as to "current values".

Someone here may have a ball park figure for you though.

Dave
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Hedwig
Posted 2007-04-27 1:15 AM (#316757 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
April 2007
Posts: 4

Location: New York
Thanks Colt!
I've just started my eBay comparison -- great advice, thank you!
-Hedwig
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MusicMishka
Posted 2007-04-27 7:45 AM (#316758 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
March 2005
Posts: 5567

Location: Blue Ridge Mountains
Hello Hedwig and welcome! The current market value for Ovations is not necessarily the insurance value; when arriving at an insurance value, you need to take into account the original retail price (if you know it), and the current replacement value of a similar model from Ovation (even though they will not probably be the exact same guitar. Also searching the vault for articles on your particular model number Ovation will help a lot as prices are very often discussed. Best wishes and again, welcome to the forum! :cool:
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MusicMishka
Posted 2007-04-27 7:48 AM (#316759 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
March 2005
Posts: 5567

Location: Blue Ridge Mountains
BTW, to access the Vault just go to search and choose a search window. ;)
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Hedwig
Posted 2007-04-27 9:40 AM (#316760 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
April 2007
Posts: 4

Location: New York
Thanks MusicMike! That's a great suggestion about the Vault and I will definitely do that. I may actually have the original retail price info somewhere in the pile 'o paper that calls itself a file cabinet so I will start hunting for that as well. Thanks again for the advice.
-Hedwig
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Phil Wong
Posted 2007-04-27 9:55 AM (#316761 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
June 2003
Posts: 1792

Location: Rego Park, NY,
Welcome,Hedwig
Where in New York are you? Come to the tour. Don't let another year go by. I just missed going to the tour when I found this place.
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Hedwig
Posted 2007-04-27 11:00 AM (#316762 - in reply to #316755)
Subject: Re: How to Value an Ovation?


Joined:
April 2007
Posts: 4

Location: New York
Thanks Phil - I'm close enough to CT! The tour sounds great. Now I just need to try to change something for work so I can go!
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