QUESTION
I just bought a 1959 s paul jr Gibson Les Paul Jr I paid $6ooo it is real clean I think i got a good deal . Last year they were $9000 do you think the market will go lower or has it bottomed out.
REPLY
That is a great price for a clean 59 jr . Yes the prices has dropped but as you know i always felt in the last few years they were overpriced anyway,. Now the jrs are back in the range they should be so you should be safe
My personal opinion is now is the time to buy a Les Paul Jr if you want one. prices have never been better and they have not dropped in quite some time. so i feel as though the bottom has been reached. These have always been great guitar and a rock and roll staple. Thousands of great records were made with these and at the $5500 – $6500 range is were they should be .
Look everybody got greedy dealers , individuals , ebayers everyone and the pigs got slaughtered!!!!! . what can i say but now if feel it is safe to buy a jr and a good time at that because i do not feel they will go down anymore the price adjustment has taken place so do not wait much longer.
Many dealers including our self have sold jrs below what we paid for them and are still doing sop now. but i guarantee that will not last . the vintage guitar market is picking back up slow,y so trust me in this business the deals wont last.
A last comment on this market in general. Our market is a disposable one when people need to eat they do not buy guitar but when they do buy that means the free money is around. I can tell you business has picked up and people are spending yes not as much as before but they are spending and that is a great sign .
Congratulations on a good buy you can never got wrong with a clean straight jr someone will always want one and in the end what a great guitar to have and play. Yes you do good and if you have any other questions just e mail me at The Parts Drawer
JIm pasch