I don't see our beloved US Peaveys returning to 'the golden years of used prices' ever again. The word is out, the value is known. The T40 was the early marker of things to come. It usually follows that people start looking at the rest of the line and see what killer instruments they are and start driving the prices up.
We can still relish in the fact that there will be those occasions where a T20 is found in a local ad for $100 and such, but we may have to just be happy knowing our basses are relative bargains, as 58kites pointed out earlier. I know that I would have never really thought I would be paying nearly $400 for a Foundation, but in the grand scheme of things, my last one was well worth it. I couldn't touch an 80s J for less than $1000-1200 unless I got really lucky.
Your right on the money.
I myself am a big G&L fan and you used to be able to get those at a steal too. Remember when you could get an L2000 dressed to the nines for $600 - $700? Those days are long gone and the same thing goes for American-made Peaveys. American-made quality in 2021 equates to more money out of pocket. Doesn't matter when it was manufactured.
I wouldn't lose a wink of sleep if I sold my T-40 and T-45 for above the $600 price mark.

