Gibson vintage acoustic expertise?

[redking]

Locally I have seen a very nice looking (from the pics - haven't seen it in person or played it yet) 1964 Gibson Hummingbird for a price that is actually roughly equal to the retail price of the current production model. What am I missing here? Is the vintage acoustic market significantly different than the electric market? Seems like a pretty good value to me assuming it is a decent guitar that doesn't have any issues.

 

[Dilver]

Old acoustics (not just Gibson) are often in need of two things - a neck reset and/or a refret. Just factor that into the cost…

 

[geddy]

I played a 60s hummingbird in a shop last year. It sounded fantastic but couldn't justify the cost . Having said that I think you're right that was was comparable in cost to a new one.