What is a fair price for a 1969 LP GT with 3 piece neck?

[jimi55lp]

Anyone have an idea of what the cost of a mini humbucker 69 Les Paul GT with a 3 piece laminated neck thats in great shape should be for a one owner guitar with a rectangle OHSC? I've never looked at these newer models, and have one close to me now, and a friend wants me to let him know what is fair.

[refin]

Originally Posted by jimi55lp

Anyone have an idea of what the cost of a mini humbucker 69 Les Paul GT with a 3 piece laminated neck thats in great shape should be for a one owner guitar with a rectangle OHSC? I've never looked at these newer models, and have one close to me now, and a friend wants me to let him know what is fair.

Eh,I'll give him $100...................




Seriously,check out some vintage dealers or even ebay to get a pulse for what the current average is.Make sure you are fair with the condition and originality of the guitar.

[thefishingline]

Before this dump in the market they were easily $10k to 12 and even $14k

[Mike60]

Originally Posted by jimi55lp

Anyone have an idea of what the cost of a mini humbucker 69 Les Paul GT with a 3 piece laminated neck thats in great shape should be for a one owner guitar with a rectangle OHSC? I've never looked at these newer models, and have one close to me now, and a friend wants me to let him know what is fair.

...a '69 Deluxe...$3to $3.5k...alot more if it was a standard.

[thefishingline]

what are you on crack? That guitar is worth a hell of a lot more than $3.5k...

[Mike60]

I seriously doubt it...it's a Deluxe.Worth at best what a used R9 is.

[thefishingline]

get up with the market...you're 4 years behind the times...12 months ago when I was THINKING about selling mine...the dealers over at the other place put a value on it $7 to $8k because they knew they were going to make something on top of that!

And on Flea bay they were $10 to $11k and sometimes more!

Yes the market is very soft but at $3.5 k is ridiculous...I am sure anyone here who saw a buy it now of an all original 69' GT deluxe at that price would be lining up at the door and clicking the BIN like mad dogs trying to get one.

Even the 2008 VG Guide, which is printed in mid 2007 has them listed at $5k and you know they are always a year behind the times and never caught up!

[Mike60]

I am with the market and have been for several years...

my apologies for not agreeing with your line of thinking.

[jimi55lp]

Originally Posted by Mike60

I seriously doubt it...it's a Deluxe.Worth at best what a used R9 is.

It is a Deluxe, which makes me think it,s not even worth looking at. Like I said, it's a friend that is asking my thoughts on the guitar which is advertised locally, so I don't want to compare prices on Ebay to see what their paying in San Francisco. I have never had any interest in this model because of the mini pups and laminated neck, but I find the p-90 one piece neck models to be a nice return to tradition. I don't own any Les Pauls newer than 1960, so I can't say much about the 68's and forward.

[Mike60]

jimi55lp...I like Deluxes and own a beauty myself.They are nice guitars and have a slightly different tone to them than other LP's,mainly due to the mini's...
The rub on this is because they are that much different,most people will not pay much for them...

[thefishingline]

Originally Posted by Mike60

I am with the market and have been for several years...

my apologies for not agreeing with your line of thinking.

No need to be a smart ass...it is what it is and the market dictates a far higher value than $3.5k...and if you were up on the market you would know that.

If he want's $3.5k for the all original 69' GT deluxe my only question is where do I send my check?

[jimi55lp]

I'll tell him to offer 3500.00 for the guitar, and hope that the seller is able to swallow the reality and come off the extra 7K he's asking, I'd rather pay 12K for the two 50's TV Specials on Ebay that have Liftons. He's just way out of line with what he has to sell, this place is not a big economy, and I think this guy is just looking at the national prices outside of the little pond he lives in. Thanks you guys!

[thefishingline]

Like I said..if he wants $3,500 ...where do I send the check

[jimi55lp]

He's outside of New Orleans and is asking 11900.00 which is over the top in my mind. I don't think this guy would take an offer of 3500.00, but I will tell my friend to offer that to see what he says. I agree 3500.00 sounds low also, and I'd have guessed 5K, but what I don't know about Gibsons with 3 piece laminated necks could fill an encyclopedia!

[Lester B. Flat]

I think we need a little more information on this one to estimate its value. We know it has a 3-piece neck but is it a pancake body? There were a few with the 3-piece neck and one piece body made. What condition is it in? I'm guessing it has a small volute? Regardless of whether it's mint condition or not as long as it is unbroken and original I would say a minimum of 6K. If it's a one piece body in very good condition maybe 8K. I've seen '72 and '73 deluxes selling for 3K+ recently so that price seems low for a '69.

[Lester B. Flat]

Originally Posted by jimi55lp

but what I don't know about Gibsons with 3 piece laminated necks could fill an encyclopedia!

The 3-piece necks are overly-maligned in my opinion simply because they weren't on vintage LP's. There's really nothing wrong with a 3-piece neck. Gibson had been doing 3-piece necks for years on some older arch tops.

[thefishingline]

I am going on the impression as a one owner guitar it is in Ex condition....which is how the VG Guide bases their pricing "guestimates."

My 69' GT which is a 3 piece neck and sandwich body cost me $8,400 about 18 months ago and it is recommended insured by my luthier's appraisal at $10k...

Sure the market is tanking right now, but I have turned down offers of $10k and had a few nibbles on an "exploration" sale on E Bay with it at $11k...even in fair condition it is way worth more than $3.5k....

[jimi55lp]

I think you can find it on Craigs list New Orleans for all that may be interested, but for that asking price, I'm not!

[dwagar]

I'm with Fish on this one, I doubt you'd ever find a nice '69 for under about $8K.

[TM1]

wow... ! For a Norlin? We hated the post `68 Les Paul's. we were all use to playing the originals and when the `68's came out they were great. When Norlin went to the pancake bodies, 3-piece necks, volute, etc. we all thought they'd lost their minds. none of my friends or I wanted much to do with any of those mid `69-onwards Les Paul's. Shit, they listed for $425.+ case. It was hard to get past those Indian Rosewood fingerboards and heavy mahogany bodies. I couldn't see anyone even thinking they were great guitars compared to the `50's ones. `68-mid `69, yeah! Very nice, but after that it was a disaster except for the ones that came out in `71/`72 with the P-90's, wraparound bridge and one piece body/neck. I think they called it a `54 reissue.
the only Norlin-era guitars that were worth a shit were the Guitar Trader, Leo's and Jimmy Wallace reissues(besides the `54 one made in `71/`72). I wouldn't pay more than $300. for any others.

[thefishingline]

My first electric I bought was a 76' LP deluxe fort $440 that included the case...and I still have that guitar and the original case...it was great...since I was new at guitar playing and never held a 50's I had no idea Indian rosewood "sucked" but to tell the truth..even today I play that guitar regularly and there is noithign wrong with that rosewood neck or that guitar!

I gigged with it this past Saturday night and she was reliable as always!

[dwagar]

Originally Posted by TM1

I couldn't see anyone even thinking they were great guitars compared to the `50's ones.

that was the problem 'back in the day'. We wanted them to be '50s. Pretty hard to get into a 50s LP for that kind of money now though.

I bought a friend's '68 or '69 (can't remember) in about '70. It wasn't a 50's, so I only kept it for maybe 6 months. I think I paid $325 for it.

But Norlins have come into their own. 68's are getting into the $20s, 69's around $10K, hell, I've seen '74 white Customs as high as $7K.

The market has changed. Remember, Norlins ARE the voice of hard rock that a lot of us grew up with.

Bashing Norlins now is roughly the equivalent of sitting on the porch in your rocker and reminiscing about the good ole days.

[JimmyAce2006]

Originally Posted by jimi55lp

Anyone have an idea of what the cost of a mini humbucker 69 Les Paul GT with a 3 piece laminated neck thats in great shape should be for a one owner guitar with a rectangle OHSC? I've never looked at these newer models, and have one close to me now, and a friend wants me to let him know what is fair.

I would be leery in purchasing anything from N.O. just because of the hurricanes. Like any used cars from that storm, it could have been submerged. Assuming it wasn't, and a one owner in ex+ condition, a 69 Deluxe with minis & 3 pc neck with small volute would have to run around $10-12K. That is about what 69 LP Customs with 3 pc necks go for & they usually cost less than GTs for some reason. Heck, the vintage price guide (and that is what it is, a "guide", not hard and fast rules) says a 68-69 with 1pc neck & 1pc body in ex+ condition is $18K. Knocking it down to $12K for the 3 pc neck & minis seems reasonable. The thing is nearly 40 years old. How many of them are still around in ex+ condition? In the end, the old cliche holds - it is worth what someone will pay for it. At $3.5K, it would be an absolute steal in ex+ condition.

[Liam]

Originally Posted by dwagar

Bashing Norlins now is roughly the equivalent of sitting on the porch in your rocker and reminiscing about the good ole days.

[69GTLP]

I purchased my 69 deluxe for $1500 in 94, I sold it in 2001 for almost 4 grand.
I would definately say close to 10k if it's nice and original.

[TheWellGoodShow]

3 piece neck? thats pretty rare, cause most of the older gibsons have 3 piece neck, and with that your guitar won't break as easily at the neck, but the sustain won't be as good because of the glue between the pieces.

[rick13]

You get the right goldtop....like any LP, they can be magic. Mini humbuckers are also really underated in my opinion. Three piece necks and bodies, volutes, glue(all overated).....it all depends upon the actual guitar and mojo of the piece. Sometimes you just find that guitar that speaks to you.
Rick