370 MID value question

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kelly
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370 MID value question

Post by kelly »

Hi everyone,

I have a 2007 Les Paul Standard that I've had on Kijiji for a while although I'm not worried about selling it too much - its a really nice LP and I'd be happy to keep it. Anyways, a guy wants to trade me his 2008 370/6 MID for it. I'm not up on the latest tracking for Rickenbacker values, but it seems like prices on 360's are sitting around $1200. Does that seem right to those of you in the now? As much as I like Rickenbackers, it seems that my Les Paul carries more value right now - around $16-1700. I could be wrong though. Can those of you in the know please give me your opinions on the values I've mentioned and the relative merit of such a trade? I would greatly appreciate it!
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jingle_jangle
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Re: 370 MID value question

Post by jingle_jangle »

A 370/6 MID is a much rarer bird than any current production 360, which is what the $1200.00 is supposedly for. (360s, it seems to me, even in a common color like FG, are worth more like $1400.00+ in mint condition). No doubt the Rick is a much rarer bird than the LP, in any case, and it's rare even among Ricks.
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scotty
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Re: 370 MID value question

Post by scotty »

If its a 08 it probably has the FWI s and wasnt the 370s in 2008 the last of the 6 ers made.So you might have something that not everyone has eg a 370/6 with FWIs
stringsncords
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Re: 370 MID value question

Post by stringsncords »

I have the same "08 370/6 MID, and it does have FWI's - a real beauty (and now no longer in production).

As long as you like how it plays, I think it would be a good deal for you. And, as far as it's market value compared to the LP, I would say that they're about the same right now, with a chance for the Rick to appreciate faster than the LP, due to it's unavailability.
kelly
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Re: 370 MID value question

Post by kelly »

Interesting, thanks to everyone that's replied so far. He sent me pics and the 370 does have FWI and the smaller headstock (no surprise there). Its weird though - all the Rickenbackers I've watched on eBay lately have struggled to make $1300 but LP's seem to go higher. I sold my 360FG before Christmas and it only made around $1250. I guess that's just the general guitar population though - Rickenbackers are generally underappreciated. Its definitely something I'll have to think about. If anyone else wants to offer their opinion, I'd be happy to hear it.
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libratune
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Re: 370 MID value question

Post by libratune »

I believe that a 370 MID FWI in nice shape should sell for at least $1500, even in this soft market.
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