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1935 Gibson L-7 price?

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Al

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Jun 18, 2014, 12:32:29 PM6/18/14
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I have a 1935 Gibson L-7 that I would like to sell.
The guitar sounds amazing and sings all the way up the neck. Someone added a Lawrence neck pickup which sounds great.

This guitar has been played and is not even close to being mint.

Would anyone have an estimate as to what I can ask for it?

Thank you

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Steven Bornfeld

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Jun 18, 2014, 5:13:51 PM6/18/14
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On 6/18/2014 1:42 PM, van wrote:
>
> I don't know how much a 35 L7 would bring, but I have a 35 D'A that has been valued at 15K.
> An L-7 would probably go for less than that.
> The recent archtop auction in NYC sold a bunch of Gibson archtops from the 30s and 40s. You can look up the prices

they went for online. I forget which auction house it was.
> Thomas Van Hoonse knows a lot about the vintage archtop market. He recently sold a guitar like mine for 14K.
>


From time to time I've heard that the market for vintage guitars was in
the toilet.
But while I wasn't looking, the asking on ebay for a working-class
es-125 seems to have doubled--even without a cutaway (what they're going
for I don't know).
Not that I'm looking...;-)
Over 30 years ago, my teacher had an old L-7 as his main gigging
guitar--it was very sweet.

Steve

mcle...@comcast.net

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Jun 18, 2014, 9:23:36 PM6/18/14
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Nice guitar could be a killer in sound but the fact is that it is not in
demand. Non cut and not in the best shape. If you got $3000 you would be
lucky on your own. I would say that between 2750 and 4000$ depending on
condition. Collectors are not looking for this guitar and players have a lot
of other choices.

The upside is they are a great buy for the long run by someone who can use
it and sit on it for 20 years.



Deacon Mark Cleary
Epiphany Roman Catholic Church
"Al" wrote in message
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thomas

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Jun 18, 2014, 9:33:45 PM6/18/14
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I bought a beat-up old L7 (acoustic, non-cut) for $1250 back around 2000. The boss was outraged that I spent so much on such a beater, but it's a great old axe. I've toyed with having it routed with a humbucker, but that seems somehow sacreligious, right?

Tim McNamara

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Jun 18, 2014, 10:26:34 PM6/18/14
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My former guitar teacher (in college, many years ago) had an L-7 that he
put a Lawrence pickup (an A400, I think). That was a great sounding
guitar. My advice is to look at eBay prices and then sobtract a bit as
the auction pricing is usually "optimistic." Bill's was a natural
blonde, no cutaway, and just wonderful acoustically and through an amp.
He replaced it with a Johnny Smith, also a beautful guitar that he's
kept for about 30 years...

van

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Jun 19, 2014, 10:19:51 PM6/19/14
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On Wednesday, June 18, 2014 1:42:24 PM UTC-4, van wrote:
> I don't know how much a 35 L7 would bring, but I have a 35 D'A that has been valued at 15K.
>
> An L-7 would probably go for less than that.
>
> The recent archtop auction in NYC sold a bunch of Gibson archtops from the 30s and 40s. You can look up the prices they went for online. I forget which auction house it was.
>
> Thomas Van Hoonse knows a lot about the vintage archtop market. He recently sold a guitar like mine for 14K.

Scratch Thomas Van Hoonse, I meant Laurence Wexer. Sorry.

Al

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Jun 21, 2014, 12:34:22 PM6/21/14
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> The upside is they are a great buy for the long run by someone who can use
>
> it and sit on it for 20 years.

Deacon, Mark. thank you for the reply. Do you think the 1935 L-7 will greatly appreciate in value in 20 years?

mcle...@comcast.net

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Jun 21, 2014, 2:02:00 PM6/21/14
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Interesting to think about but frankly difficult to really day. Personally
never buy a guitar as an investment. Buy it to play and use it, then if you
take care of it and it happens to be one that is in demand then consider
yourself lucky. My thought is this L7 will not greatly appreciate but taken
care of and not damaged will always have some value. Consider I own couple
of D'angelico s I bought almost 30 years ago while in college/right after.
Before 2008 these guitars were actually worth more but like everything else
they have declined. Now here is the real kicker. Maybe you have 1959 Cutaway
Super 400 in mint condition right? Well it certainly it worth money but not
everyone had that amount of money floating around to buy one. You might here
folks talk about really rich folks money is not object but frankly they do
not see things like musicians and don't throw money around as much as you
might think.

Every once in awhile you hear a story of some rich collector/celeb buying
guitars and the like but in real life it is few and far between. Right now
in my book the best guitars that manage to stay in the mix and remain the
best for appreciation would be a L5 cutaway. In particular I think a
mint-flamed maple back and side single pickup Wes L5 even though high it
price is a winner. Better than even most handmade
guitars............remember all my guitars I play are handmade and I can see
with exceptions of D'A and Daquistos and few very few select makers, you are
better with a Gibson factory with standard stuff.

Any guitar like an L7 or lessor Gibson model will be greatly depended on
condition and originality. A blond L7 non-cut in great condition is a
keeper, a cutaway L7 even better. I am personally not an Epiphone fan they
just are not as refined to me as Gibsons but frankly again it has to do with
condition. Any super 400 from the 30 s, 40 s, 50 s, is probably going be
hold out for best value. What I mean by value is that the guitar will not
probably be hard to sell at least at a reasonable price. Now in my case I
have beautiful 1968 Barker Guitar plays like a dream, sounds tremendous but
frankly I have tried to sell it but they are not beating down the doors to
take if off my hands. A Gibson L5 from 1968 I could sell in a flash and get
more cash. In the end buy the guitar because you want to play it. I always
wanted to play a D'angelico and lucky enough to get involved when things
were not crazy. I had/have no thoughts of value because after all the Deacon
knows we do not take anything with us in this life.

Ok I do have to preach at 4 pm Mass...........................I am on a role
and probably it will upset some.



Deacon Mark Cleary
Epiphany Roman Catholic Church
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