1974 MG Bass Value?
Posted: Mon Mar 26, 2012 2:15 pm
I would normally post this in the "Appraisals" section, but thought it would get more attention here, and the bass in question is not mine -- just one I am possibly interested in acquiring.
I saw it today and it is a September, 1974, 4001. Not being a bass player, I assume it's a 4001. It is missing the tuners, neck pick-up, and electronics. It has a cracked headstock. The crack goes length-wise an inch or two from the nut downward and inward. No pics - sorry! It looks like it could be repaired without major issue. There is also a cavity on the back that appears to be made for a 9-volt battery. There is no visible hole for a wire to go through to the electronics, so it's a bit of a mystery to me what that is for. It appears to be "professionally" done.
I am curious as to the (#1)current value of the bass, as well as (#2) what the value would be once put in playable condition. The finish is actually good, and no re-finishing would be necessary.
I don't think the owner is interested in selling. A couple of years ago I inquired about it and they said that RIC is sending parts. They said the same thing today. I don't think any "parts" are coming. They also said that restored, it is worth $3,000-$4,000.00, since it is a '70's Rick bass. I offered $500 as-is and was laughed at.
So I don't know why they are holding on to this bass -- there must be "more" to the story. Could have been owned by someone famous - very possible - but I don't think so. I don't play bass, but would like a project to have some fun with and maybe learn bass in the process. I have a '66 Rick guitar pickup I think would work in the neck (?), so getting the rest of the parts should be relatively easy, I would think. I don't think that the neck is that big of an issue, but I'm not willing to bet big money on it, either.
Thoughts? --Jeff.
I saw it today and it is a September, 1974, 4001. Not being a bass player, I assume it's a 4001. It is missing the tuners, neck pick-up, and electronics. It has a cracked headstock. The crack goes length-wise an inch or two from the nut downward and inward. No pics - sorry! It looks like it could be repaired without major issue. There is also a cavity on the back that appears to be made for a 9-volt battery. There is no visible hole for a wire to go through to the electronics, so it's a bit of a mystery to me what that is for. It appears to be "professionally" done.
I am curious as to the (#1)current value of the bass, as well as (#2) what the value would be once put in playable condition. The finish is actually good, and no re-finishing would be necessary.
I don't think the owner is interested in selling. A couple of years ago I inquired about it and they said that RIC is sending parts. They said the same thing today. I don't think any "parts" are coming. They also said that restored, it is worth $3,000-$4,000.00, since it is a '70's Rick bass. I offered $500 as-is and was laughed at.
So I don't know why they are holding on to this bass -- there must be "more" to the story. Could have been owned by someone famous - very possible - but I don't think so. I don't play bass, but would like a project to have some fun with and maybe learn bass in the process. I have a '66 Rick guitar pickup I think would work in the neck (?), so getting the rest of the parts should be relatively easy, I would think. I don't think that the neck is that big of an issue, but I'm not willing to bet big money on it, either.
Thoughts? --Jeff.