[quote name='project_c' timestamp='1389723875' post='2337259']
To complicate matters further, I stumbled upon this today, Shergold Marathon (or is it a Modulator? I'm sure it said 'Marathon' on the body), hard to see from the pics but it's the one with 2 humbuckers and 3 x 3 way switches, in really good condition - although the cracks on the neck pocket were also on this one on both sides. The cost was £670-ish, well over my budget, (and I suspect somewhat overpriced too), it felt and sounded super good though! Very different vibe to the single humbucker version.
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I suspect that's a later one - looks like a Modulator to me - as it has no position dots on the fretboard. Either that or it's a custom fretted factory fretless - if you follow my drift!
The current defretted one on eBay has been heavily modded, I contacted the seller out of interest, it will probably get some decent bids as he said he'd had lots of interest and offers. Points to consider - the logo is missing and possibly the serial plate ( he didn't answer my question about the serial plate so I'd assume its lost ). The scratchplate with the model name is missing and also the control plate. All these bits are pretty much impossible to source and will have to be custom made. The binding will need replacing probably especially if it's to be refretted. The electrics are in poor condition, if the pickup is knackered these are expensive to fix. It will be a very expensive project unless you are a luthier ( and have a few Shergold spares knocking about )
For the record I'd bid but nothing more than £250.