Vintage Fenders

[Belka]

1 hour ago, Burns-bass said:

You know it’s how the vintage game works. Stick them up for mental prices and watch the rest of them rise up a few hundred quid in response.

 

The laws of market dynamics don’t really apply when buyers are treated this way. (We have a classic imperfect market…)

To be fair, I think Andy Baxter has a more realistic experience of the market than some other dealers and knows what something is really worth. He tends to get in the extremely rare/valuable stuff perhaps more than others do, and it is often very expensive. However, refinished/stripped/altered basses are often considerably cheaper at his place than other dealers - just recently I've seen refinished mid '60s Fender basses go for around 4K, and early '70s ones for around 2-2.5K. Compare that with the likes of the Gallery and Vintage Bass Room for their '60s/70s refins and he seems much better value. 

 

 

Edited 3 hours ago by Belka

[Reggaebass]

4 minutes ago, Belka said:

However, refinished/stripped/altered basses are often considerably cheaper at his place than other dealers

I think one reason that could be because he gives really low prices for part exchange and buying in, I’ve known him for a long time and I know money has to be made but I haven’t been able to do any deals because of what he offers, quite disappointing sometimes 

[ped]

It also has the effect of making less original or post CBS basses appear to be good value, despite them being incredibly expensive

[Belka]

35 minutes ago, Reggaebass said:

I think one reason that could be because he gives really low prices for part exchange and buying in, I’ve known him for a long time and I know money has to be made but I haven’t been able to do any deals because of what he offers, quite disappointing sometimes 

To be honest I've never received a decent offer from any shop for part exchange/buy in, and I think these days Andy Baxter won't accept any part exchange against a commission sale. However, when I sold through him his commission was 15% while a lot of other shops take 20%. It's swings and roundabouts I suppose. 

 

 

Edited 2 hours ago by Belka

[Belka]

I think pre EB MusicMan stuff has also gone up a great deal over the last year or so - it used to be priced similarly to Fender stuff of the same vintage, but the fact that they now have their Retro '70s/Pino basses sold new for over £3000 new means that no-one, shop or private seller, is going to take anything less than £3000 for any pre-EB stuff, unless it's modified/very bad condition.

[ossyrocks]

2 minutes ago, Belka said:

To be honest I've never received a decent offer from any shop for part exchange/buy in, and I think these days Andy Baxter won't accept any part exchange against a commission sale. However, when I sold through him his commission was 15% while a lot of other shops take 20%. It's swings and roundabouts I suppose. 

 

 

Ah, I didn't know he did commission sales at 15%, that's useful to know thanks. 

 

Rob

[ossyrocks]

1 hour ago, Belka said:

I think pre EB MusicMan stuff has also gone up a great deal over the last year or so - it used to be priced similarly to Fender stuff of the same vintage, but the fact that they now have their Retro '70s/Pino basses sold new for over £3000 new means that no-one, shop or private seller, is going to take anything less than £3000 for any pre-EB stuff, unless it's modified/very bad condition.

I think you're right. The cost of new basses these days has pulled the vintage market with it. 
Look at this brand new Fender custom shop Precision for sale at Peach for £4600, and it becomes harder to say that a nice condition, all original sunburst/tort/rosewood '70-'73 P bass is worth less. 
https://www.peachguitars.com/fender-custom-shop-2023-collection-64-precision-bass-relic-bleached-3-colour-sun.htm

[rwillett]

3 hours ago, Chiliwailer said:

When I was working in the vintage guitar trade I was told in 2008 by a solid UK source that there is a group of vintage dealers in the States that get together each year prior to a trade show and certain vintage prices are set from there, and like you say, the rest follow and other vintage gear rises accordingly. 

One solution to this would be to sell your older Fenders at a very, very low price to drive the prices down to counteract the cartel pushing them up.

 

As a service to this community, I'm very happy to buy them at this low price. Feel free to contact me. 

 

Rob