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L 1000

Discussion in 'Basses [BG]' started by thunderbit, Oct 3, 2012.

  1. thunderbit

    thunderbit

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    hey folks this is my first post here. i used to be a member of the dudepit and thought it was a great place, but i do not believe it is around anymore.
    anyways i purchased my bass probably 7 years or so ago for $630. at the time i felt like i got a hell of a deal. i always thought it would appreciate in value but while searching ebay it seems that no one are buying these incredible basses. there are so many listings with no bids.
    has the market on G&L crashed or are their still serious collectors?

    I have a 1981 L-1000. tobacco burst. It has a wear pattern where your wrist would set but other than that i believe its in great condition.
    I took it to a vintage guitar shop ion town and they offered me $350 for it. i was offended that such a fine instrument would depreciate that much. i always thought guitars gained value the older they get.
    So its mahogany body, ebony fretboard, pre-lawsuit headstock, and has the adjustable pickups that were only made for a year i believe( i could be wrong).
    im going to attach a picture, i understand you cannot sell on this forum and this is not a veiled attempt. i would just like a serious collector or knowledgable G&L guy to please tell me its at least worth what i paid for it 7 years ago.
    so really just kind of looking for an appraisal. i love this bass so i guess the value doesnt matter but are we the only ones who realize how incredible these instruments all? i just cant believe i 30 year old work of art hasnt gained value in almost 10 years.
    thanks for reading this and any opinions of what it would be worth today would be appreciated.:bassist:

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  2. thunderbit

    thunderbit

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    another pic of pick ups

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  3. Jungy

    Jungy

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    It's perplexing. I just bought a g&l that looks just like yours but an l2000e on ebay for $750. I feel they should be worth about double what they go for.
  4. vonsparks

    vonsparks

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    It's a lovely bass, but I have no clue on how much it would be worth :/
  5. Chef

    Chef Moderator Supporting Member

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    Disclosures:
    Staff Reviewer; Bass Gear Magazine
    That's a nice enough bass, with correct case.
    Given that the trussrod works, and everything is kosher, I'd say that would likely sell for $800-ish, give or take.
    fwiw, I've had many early G&L's, and many early L1000's, so, I do know a litle about them.
    There is now a bassesbyleo forum you can find if you search for itl.
  6. 1954bassman

    1954bassman

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    G&L has a bass forum.

    Being a G&L lover myself, all I can really tell you is that there is a legion of G&L lovers out there, and to the right one of them, your bass would fetch a good price.

    For a vintage retailer to offer $350 cash for it puts their retail "used" price at $700 to $875.

    Most of us G&L affectionaires hawk for good deals, looking to buy one dirt cheap.

    If you are honestly just wanting to know what your bass's market value is, head over to the G&L forum.

    http://www.bassesbyleo.com/forum/
  7. thunderbit

    thunderbit

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    thanks a lot for the responses... yea im truly just curious of the value. considering its 30 years old work of art i cant believe top value is only $800. its sad actually.
    but what it lacks in value it more than makes up for in tone and pure awesomeness.
    thanks again maybe in another 30 years it will be worth $1000, i guess ill just have to hold out and wait for the big payoff! lol
    thanks again
  8. Jungy

    Jungy

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    Record an albumn with the bass that becomes hugely famous and gets a following for the incredible bass tone and watch the value increase. Easier said than done.:cool:
  9. Chef

    Chef Moderator Supporting Member

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    Yeah....for whatever reason, vintage G&L's have never equaled vintage fender or Musicman in value.
  10. DownhillWillie

    DownhillWillie

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    G&L's are an interesting breed.
    As a former endorcee of their basses I can tell you they just dont have the star power push that other manufacturers have, ala Fender, Gibby, and Ric.
    the bass you have is a very sought after bass, and I've seen them with asking prices of 1200 on the high end...but to be honest they won't move anywhere above the 1k price point in general.
    I just paid 1250 for a G&L L2000 for 2 reasons....1. the rareity of the bass itself and the fact that I simply wanted the axe periode.
    Most people expect to pay lower prices for them and will not go this high for an axe that just doesn't have the recognition as a widely popular instrument/maker.
    That being said, in my opinion they are some of the finest builds and best sounding basses out there and are deserving of the "coveted" label however I doubt they will ever be widely recognized as such
    When it really matters I grab my G&l's for 2 reasons. I can always count on them for consistant high end tone quality as well as the fact that if I take a dive off the stage into a wall of drums i find it a little easier to take as the cost vs damage price tag isn't a killer
  11. thunderbit

    thunderbit

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    its just my opinion, but ive played old fenders and music man and although i like my L-1000. I feel like the best bass leo ever made was the L-2000. Its one of the most growly powerful bass tone ive ever heard.
  12. Chef

    Chef Moderator Supporting Member

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    I still have both my 1980 L1000, and my 1981 L2000eFL.
    They're kewl.
  13. awilkie84

    awilkie84

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    I had an L2000 Tribute I traded an Epi LP Goldtop for.
    I then sold it for $250. -_-
    I shouldn't have done that
  14. thunderbit

    thunderbit

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    how are the tributes? i always wondered to they hold a candle to the vintage american made ones?
  15. Chef

    Chef Moderator Supporting Member

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    the couple I've played were nice enough.
  16. smcd

    smcd Supporting Member

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    7 years ago, $630 was standard retail for that bass. As Chef has said, $800 give or take is the value today. Value-wise, it's tremendous. A nice vintage bass of this quality for $800 is a bargain.

    Some of my G&L's -

    [​IMG]
  17. thunderbit

    thunderbit

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    wow! what a collection. The one looks a lot like mine. Do the L-1000's vary much in tone and sound? Id kill for an L-2000! that is some awesome bass porn right there.... nice collection!
  18. Chef

    Chef Moderator Supporting Member

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    "vay in sound?"

    Of all the L1000's I've had, I had one dud, and one that was just yards more aggressive and brighter than all the rest. All the rest were in the same sonic family.
  19. chunkstyle

    chunkstyle Supporting Member

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    shall i tell him?


    it's nothing more than firewood. it'll never be worth much. you should just sell it to me. for real cheap...
  20. smcd

    smcd Supporting Member

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    Yes, yours is identical to one of mine. I sold that bass once, and years later my friend sold it back to me. I won't sell it again.

    As Chef said, vintage L-1000's sound the same (read: great), although unlike him, I've never had a dud.

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