About £2.5k, then? (Plus another few hundred to get it sent to the UK?) I think the Monarch P looks gorgeous and, if I had the money, would gladly buy one.
I would definitely rather spend the cash on this, a new instrument of the highest quality, than a 40-50 year old piece of crap that should really be put in the bin. I wouldn't buy anything with failing frets, failing electronics, failing and rusting hardware, flaking paintwork, and very ordinary construction.