'The one I played on'! ONE! Think what you're saying!
I'm sure you can imagine the amount of variety there is in these old cheaply made basses. Some have such a wonderful sound for roots music when strung and set up properly. Depends on when it was made, which model, what condition, strings, sound post etc etc.
And if losers like me get off on the cachet of the name, what's so wrong with that? There is such a thing as cultural and historical value, and that contributes to financial value for those that choose to let it.
As you say, you don't understand the fuss over Kays.
Doesn't make them all great sounding basses, but no-one is saying that.
Jack will tell you mine is a bit of an old dog with a horrid fat neck and a sometimes flat acoustic sound because the sound post needs adjusting, and its a bit of a pig to play on ... but I still love it, and I know how to coax a great live sound out of it.
(Plus, I scored an ebay steal off a school orchestra...)
Now, shall we discuss King Mortones? 😁