Ultimately, potential buyers will determine what is a fair price for used instruments. I can see that costs and availability of new basses may have caused a price increase in new instruments, but there are still the same number of used Smith basses in existence. If new prices have gone up, or if you simply cannot get a new version of the same bass that is being offered used, then that may affect the price on the used market. In many contexts, used pricing is relative to the cost of the same thing new. If people are hanging on to old basses, then there will be fewer on the used market. Also, there are fewer models being offered now, with a concentration on the higher end neck through models. First, new production of Ken Smith basses has dropped off since production moved to Kevin Brubaker, and prices increased at the same time. People can ask whatever they want, but buyers also need to think the price is reasonable. Subscribe to receive updates on Perkasie events & things to. Although, I’m not sure if actual selling prices have increased. I have also noticed that asking prices for used Smith basses has gone up.
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