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Basses that used to be cheap and have now gone WAY up in price.

Discussion in 'Basses [BG]' started by gebass6, Nov 25, 2017.

  1. gebass6

    gebass6 We're not all trying to play the same music.

    May 3, 2009
    N.E Illinois
    Do you own a bass that you originally bought at a low price.And is now being sold at a much higher price?
    I do.
    I have a Tune TWB63.
    Korean made. 20170418_153722.

    I have had two others in the past.
    When I bought the first one from Sam Ash back in 2007,it was for $860.00 new.
    The second was bought in 2008 new for $450.00!(long story)
    The third in 2014 used for $550.00

    The Japanese Tune basses always run well above a grand.
    But the Korean ones WERE a lot cheaper.

    Nowadays these Korean ones are still available and are going for $1350.00 on the 'bay and Reverb.
    Tune TWB63 6 String Electric Bass Walnut Top Mahogany Brass Nut Notch Filter | eBay
    $490.00 more than the price of my first new one!

    Do you have a bass that sells for more now than when you bought it?
    By how much?
    Last edited: Nov 26, 2017
  2. I was surprised at the asking price I've seen on Mexican Fender Blacktops. I owned one & bought it pre-owned for $400, but have seen prices as high as $600. They've been discontinued for a couple of years & their double-P Jazz was probably one of the best designs they ever made:

  3. Ironbar

    Ironbar Banned

    Aug 24, 2013
    Tigard, Oregon
    Sire. My V7 was $399.00 delivered. Price is up to $499.00 now.
    skygzr, Joshbazz, Joe Nerve and 2 others like this.
  4. When I first got GAS for a Tune Bass Maniac they were £899. That was in 1984. In today's money it equates to £2020,roughly $2800US.

    Not really a perfect comparison as guitars and basses are much cheaper today if looked at in relative terms. £100 got a pretty poor instrument 30 years ago,not the case today.

    Keep in mind SA blew out the Tune range for cheap after Tune refused to sell them the brand name. Might account for your $460 steal.
  5. gebass6

    gebass6 We're not all trying to play the same music.

    May 3, 2009
    N.E Illinois
    Yes.I know.
    That was the long story that I alluded to in my OP.
    kodiakblair likes this.
  6. AndreasR


    Oct 23, 2012
    All of them?
  7. nonohmic

    nonohmic Supporting Member

    Dec 13, 2005
    ABQ, NM.
    Yeah. Inflation innit?
  8. Linnin


    Jul 19, 2012
    Linningrad, Earth
    The Fender Precision was $149 in 1951. Today's American Professional Precision is $1,499.99
    Blu bro, Root 5, kirillio and 19 others like this.
  9. nonohmic

    nonohmic Supporting Member

    Dec 13, 2005
    ABQ, NM.
    Those profit hungry bastards!!
  10. Linnin


    Jul 19, 2012
    Linningrad, Earth
    :laugh: :roflmao: :laugh: I searched up an inflation calculator and $149 in 1951 is $1,414.00 in today's money. Not too shabby, right? :smug: The minimum wage was 75 cents an hour so a new Fender Precision was 197 hours of work. Adjusted for inflation 75 cents is $7.24 today. The Federal minimum wage in 2017 is $7.25. Real progress!
    Last edited: Nov 25, 2017
  11. nonohmic

    nonohmic Supporting Member

    Dec 13, 2005
    ABQ, NM.
    Haha almost bang on.
    Linnin and Axstar like this.
  12. Axstar


    Jul 8, 2016
    East of Eden.
    $149 in 1951 is $1,413.57 in 2017 if you adjust for inflation. All those innovations with CNC machines, automation, new finishes, new electronics, and Fender charge you a whole 86 bucks extra for the privilege!

    Any sort of Japanese or Eurotrash instruments of the '60s or '70s seems to be enjoying a hipster renaissance on Reverb. Whether the stuff actually sells at these prices is another matter. I guess people almost like them as artifacts of a different era, even if they aren't great instruments. The same seems to go for 'catalog' US instruments, old Kays and other plywood wonders of the '60s and '70s.

    Guys try and get all sorts of cash for Kay 20-Bs, in part because they look like Rickenbackers (from 100 yards away). These should be $50 instruments all day long.

    Stuff that was manufactured behind the Iron Curtain seems to also have a bit of obscurity/novelty factor thrown in when they appear on the used market. If you sat down and did the currency and inflation conversion between 1970 USSR rubles and 2017 US dollars then these guys are probably making a hefty profit every time a Ural bass sells for $250 on Ebay.

    Chinabackers! Import Chinese Rickenbacker copies at wholesale prices and sell them for instant profit.
  13. buldog5151bass

    buldog5151bass Kibble, milkbones, and P Basses. And redheads.

    Oct 22, 2003
    I have an early Lull P4, before they were nearly as known as they are now. I think I could sell it for more than I paid. About 14 years ago, $1599 including case and detuner, it's sunburst in great condition.
    Last edited: Nov 25, 2017
    RRR and prd004 like this.
  14. Uncle K

    Uncle K The bass player doesn't get a sandwich Supporting Member

    Aug 22, 2011
    Erie, PA
    Five years ago I sold an early 70's Fender Musicmaster in Daphne blue for $550.:crying:
    Lammchop93 likes this.
  15. According to the Bureau of Labor Statistics, $149 in January 1951 would be $1,446.96 in inflation-adjusted Oct. 2017 dollars.

    Fender is getting over on us. :mad:
    daahoud, Tbone76 and staurosjohn like this.
  16. Linnin


    Jul 19, 2012
    Linningrad, Earth
    :laugh: :roflmao: :laugh:
    staurosjohn and Diamond_Dave like this.
  17. mrb327


    Mar 6, 2013
    Nobody Knows
    Gibson faded SG basses are going $100-200 higher than list
    Tbone76 and ajkula66 like this.
  18. LBS-bass

    LBS-bass Supporting Member

    Nov 22, 2017
  19. Japanese Fenders have really risen, I have sold various examples at $800
  20. Seriously, it’s crazy how that price has remained stable with inflation. I’m sure that manufacturing costs have gone down with CNC equipment and automation, but I’m sure people are more expensive, with health insurance and maternity leave and things that weren’t required in 1951. Pretty cool.

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