Question: Why is this bass worth $24,000?

[nostatic]

oh wait, another thread with outrage at instrument pricing. I'll alert the media - you get the pitchforks, I'll warm up the tar. We'll pick up feathers on the road...

 

[DJ Bebop]

I was poking around Reverb and found this. I don't understand why it's worth so much. If it had some provenance, like it was owned by Duck Dunn or Steve Harris or someone, or was played on a well-known record, I could understand the asking price. But, this seems like they're asking waaaaay too much.

But, I'm new to basses, so I figured I'd ask here.

1963 Fender Precision Bass Vintage Pre-CBS Olympic White 100% Original w/ Blonde Case | Reverb

Question: Why is this bass worth $24,000?
Answer: Fishing for a payday.

 

[dbsfgyd1]

I was poking around Reverb and found this. I don't understand why it's worth so much. If it had some provenance, like it was owned by Duck Dunn or Steve Harris or someone, or was played on a well-known record, I could understand the asking price. But, this seems like they're asking waaaaay too much.

But, I'm new to basses, so I figured I'd ask here.

1963 Fender Precision Bass Vintage Pre-CBS Olympic White 100% Original w/ Blonde Case | Reverb

It’s worth is exactly what somebody is willing to pay for it. For me, that bass is not worth $24,000, but that is not to say someone else may find it a bargain.

 

[JW56789]

As in any transaction, What They're Asking most likely won't be What They're Getting, but since I live within 15 minutes of Gruhn Guitars, Carter Vintage, and Rumble Seat Music, they very well might get it. The Screw Counter and Solder Inspecting Cognoscenti are a tenacious bunch.

Last time I heard, the 'More Money Than Sense Club' is still accepting new members. It's hard to imagine I could buy 48 Squier Precisions for that much, or that bass is 48 times better than a Squier Precision.

 

[6-3-2]

The "mojo" tax really is wild. You can get 3 Sadowskys for this price. 4 Olintos if you want the vintage vibe.

 

[Hurricane Jimmie]

So Anyway, it looks like M&M aren't selling to the likes of us.
Maybe someone in the top 2% will need a bass from this year for their collection. If that's how they choose to spend their treasure, so be it. Let's hope the buyer and seller find and deserve each other.

I think most of us would be just as effective gigging with a well set-up Squier, MIM or Standard P. With flats.
Then you'd be able to play the gig without any worries.

 

[6-3-2]

Ive played a few High Dollar early 60's Fenders, including a 63' Jazz, and didn't detect any magic pixie tone dust adhering to it, it sounded about like any jazz I've played, maybe not as good. … I think there's a lot of wishful thinking about these old instruments that a true blind recorded comparison would evaporate like morning mist.

I'm with you 100%. When it comes to tone the price tag just doesn't add up. I played a really nice sounding 70s J, but it didn't sound better than my bass that cost $2k. The J was selling for $7k. And I always notice the small differences, I'm a stickler for good tone, but there was no $5k difference. I bet even Leo himself would say just buy a new bass for less.

 

[74hc]

If it comes with Farah Fawcet from that 70's pin up poster, it's worth it. Otherwise, no and it's just a seller not really interested in selling it.

A LGS has some vintage Fenders in a cased hallway to their stairs up to the acoustic department. Over inflated prices on some of the instruments. It was so that they have a stock of vintage for customers to ogle over.

 

[west al]

 

[lowfreqgeek]

It's only worth what someone is willing to pay for it. Simple as that.

They're within their right to ask $24k, and you're within your right to no purchase it.

 

[gln1955]

The people who drop $1000 on lunch and have millions tied up cars and boats wouldn't blink at that price. Who knows, they might actually be players too. To them, it isn't an investment, it's another toy.

 

[FenderB]

It's worth what someone is willing to pay for it.

 

[PunkNbass]

I don't understand why anyone would pay 2 million for a baseball card! several things factor into vintage and collect ability. How rare is it is it one out of 5? condition is it mint? buzz factor are a bunch of foreign investors buying up gibson's and fenders to be wall hangers? and what will someone be willing to pay? bidding wars drive up price too. There are also super valuable things that have a mistake or an odd flaw. Also some of the fakes become very valuable like the 80's Fernandez law suit Fender copy's. I will stop there beginning to sound like an episode of antique road show,pawn wars or pickers

 

[Thumpin6string]

It's not, but if you think it is, I've got a Squier I'll sell you for only $10000.

 

[SJan3]

I was poking around Reverb and found this. I don't understand why it's worth so much. If it had some provenance, like it was owned by Duck Dunn or Steve Harris or someone, or was played on a well-known record, I could understand the asking price. But, this seems like they're asking waaaaay too much.

But, I'm new to basses, so I figured I'd ask here.

1963 Fender Precision Bass Vintage Pre-CBS Olympic White 100% Original w/ Blonde Case | Reverb

Because there's an "ass" for every seat.

 

[KenD]

In answer to your question: It isn't.

Some people hear with their eyes and their wallet.

 

[Medicine Man]

I know a guy who bought every kid at his son's birthday a high end gaming laptop for a COD themed party. Maybe he wants to have a Rocksmith party next time.

 

[EnviroMetal]

Its definitely not worth $24,001
not at that age...eww

 

[PunkNbass]

Its definitely not worth $24,001
not at that age...eww

I will gladly buy a new P bass at guitar center and trade it for that old worthless reptile of a bass

 

[PunkNbass]

What the hell is that strap button doing on the back of the headstock for hanging on the wall??? defiantly not for playing. deals off im taking back my $24,000 offer its ruined