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Back in the day, in the 1960's, they were OK as a second bass, while you were saving up for your first Fender.
These days people like all sorts of stuff, and if it's old they like it even more.
Back in the day there was no Hofner Verithin bass. However, there were the Hofner Senator and President, which at the time were Hofner's top of the line. Stu Sutcliffe was the celebrity endorser.
Seguing, what other bass do the Verithin's cutaways most resemble?
I also thought as much, but upon a websearch I stand corrected - the Höfner Verythin bass dates back to 1963:Back in the day there was no Hofner Verithin bass.