Who's the idiot? The seller or the buyer?
To a third party? Who cares? Like third parties are geniuses? They typically traffic in second hand "knowledge".
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Who's the idiot? The seller or the buyer?
There is also the fact that many of the 70's Fenders that are still in circulation today are because they were the rare "good" ones. The crap ones got modified, parted out, refinished or discarded.
Even the cheapest builders occasionally put out a bass or guitar that due to luck or other reasons is actually a very good instrument.
Call me crazy, but I don't get how real Ric's go for the prices they do. Not trying to start a war here, just my thought on them - not a Ric guy or bought into the hype of.
Well, OK, if that's what you want... You're crazy. 
Sure, makes sense. Not hating, just never been my personal cup of tea. To each their own.View attachment 3783958 Well, OK, if that's what you want... You're crazy.
Why do Rickenbackers sell for the prices they do? Couple of reasons;
1. All Rickenbackers are made here in America; there are no .. less expensive.. overseas models. And, Americans are kind of strange; we like to get paid a living wage for our work. That costs a company a lot of money. And, complying with all the laws, rules, and regulations that a company has to obey - especially in California, where Rickenbackers are made - costs a lot of money, too. What I don't get, is why Ricks don't cost more than they do - for a right handed one. You think they're expensive? You should see what stores want for a left handed one, sometime. Or, look on eBay...
2. RIC has this little problem; they sell every single bass - and guitar - they make. And have done so for decades. In fact, not being able to meet demand is more the rule than the exception for them. In the early 2000's, they were about 2 years behind, and quit making left handed instruments altogether. And, said they might have to stop making them - period. A company that has that kind of problem, has no incentive to lower their price. They can charge whatever they want...
As for "the Hype"? Ricks are not everybody's cup of tea - and they've never pretended to be. If a Rick feels comfortable to you; if it feels good when you play it; and you like the way it sounds? Then there's no "Hype". You either like them, and want one - or you don't. There are a whole bunch of basses I don't like; there are some that you aren't big enough to make me take. But, the fact that lots of other people love them doesn't make that "Hype". It's just "different horses for different courses"...![]()