Shen -high mark-up or increase in value?

[btrag]

A gentlemen was selling a Shen SB 150 for $500 (fine except for a neck that was repaired with gorilla glue).

Before I made an offer, I asked him why the selling price was so low. He claimed that A. Shen basses have high mark-up B. Shens have increased in value very recently

Is any of this true? Or, did I miss the deal of century?

[fish slapper]

That was a killer deal as long as the neck was repairable (someone with luthier experience will have to chime in on that one). Those go for in the $1500 range and have for a couple years. Dunno, might have been other issues but I'm suspicious by nature.

But Shens are noted for being "more bang for the buck."

[kurt ratering]

or c, it was stolen

[John Sprague]

Yep, $500 is a steal, they have never been anywhere near that price. I think Kurt may be on to something.

[Ghost_Note]

Originally Posted by John Sprague

Yep, $500 is a steal, they have never been anywhere near that price. I think Kurt may be on to something.

+1

Was there a trench coat involved?

[btrag]

The guy mentioned that the neck was completely broken off and was very well repaired, it was a very clean repair.

He knew he had it priced "a bit low".

One thousand dollars too low?!

[Steve Swan]

All of these basses have serial numbers. I'd get it and run it through normal stolen instrument data bases.

Good luck!