I Would Like To Thank The Academy......

mgauction · Post by **mgauction** » Mon Dec 11, 2006 3:29 pm

On one of my company's treasure hunts to Abilene, TX, I found this nice 1952 Telecaster, own by a woman who played it until the mid-60's then placed it under the bed.

ozover50 · Post by **ozover50** » Mon Dec 11, 2006 3:46 pm

Very nice get, Mike. Congrats!!

jps · Post by **jps** » Mon Dec 11, 2006 5:04 pm

Wow, here is my shipping address...

wmthor · Post by **wmthor** » Mon Dec 11, 2006 5:06 pm

Real nice find. I'd really like to know how what lead you to Abilene.

mgauction · Post by **mgauction** » Mon Dec 11, 2006 5:28 pm

Company decision, R.C. Not my call.

doctorwho · Post by **doctorwho** » Mon Dec 11, 2006 8:16 pm

I love to see those one-owners!

jnbass · Post by **jnbass** » Tue Dec 12, 2006 7:34 am

he scores!

sloop_john_b · Post by **sloop_john_b** » Tue Dec 12, 2006 8:49 am

Wow!!

kenposurf · Post by **kenposurf** » Tue Dec 12, 2006 9:52 am

Very nice! You could name it Oscar!...or Emmy-Lou

shamustwin · Post by **shamustwin** » Tue Dec 12, 2006 10:50 am

Was she aware of it's value?

randyz · Post by **randyz** » Tue Dec 12, 2006 11:13 am

Mike: It couldn't possibly be worth much with that buckle rash, unless of course it's Fender Relic with real simulated mojo...

kenposurf · Post by **kenposurf** » Tue Dec 12, 2006 11:17 am

The question is put "Was she aware of it's value" This is an issue all of us who search for treasures face at one time or another. I recently bought a 60's Fender Bandmaster..near mint for $300 and the fellow I bought it from made $100 on me! Picked up a few Beatles Butcher Covers in like situations...one of them I went back after selling the Lp and gave it's former owner a bit of cash. Everytime WE get a deal it's because someone else took a LOSS..so there's the Catch 22. So what do we do..if we say to the seller...nah let me give you an another $500 more than you're asking..likely they will pull back and not sell...I have seen dealers/buyers try to talk down a seller when the price they were asking was already dirt cheap. Depends where you draw the line...

kcole4001 · Post by **kcole4001** » Tue Dec 12, 2006 11:56 am

And it's been said here (and everywhere) plenty "It's worth what someone will pay for it".

There really isn't very much excuse these days for not researching what you're selling if you care to, even if only out of idle curiosity.

Antique dealers & auction houses make a living buying bargains & selling at the current market price, guitars are no different.

mgauction · Post by **mgauction** » Tue Dec 12, 2006 4:34 pm

Jerry, what we are there to do is perform an appraisal. So the son, who is handling it, went home to his mom with an appraised value of $40,000-$50,000, which I'm sure stunned her. Of course, I hope she consigns it to us, but we'll see. I've always had good luck with forthright appraisals, as people will more than often consign. We make enough on both ends of an auction so that we do not get much involved in purchasing. It's always a better deal for the seller to consign for 90 cents on the dollar.

shamustwin · Post by **shamustwin** » Wed Dec 13, 2006 7:07 am

Cool! I'm sure she's a happy woman!