Re: An absolutely pristine '25 F2
What a lovely instrument! Yet, it also makes me think of the F-2's I've owned. The first one, which I bought probably about 1973, cost me $450. The 3-point I own now, which I bought around 1987 or so, cost me $1,500. Now this beautiful example is on sale for more than $7K. I make no judgments about what any particular instrument is "worth"; that's determined by the marketplace. But the sharp increase in price, is a testimonial to the veneration in which vintage Gibsons are held, and the limited supply vs. constantly increasing demand.
No wonder so many more people are building and selling quality mandolins, than when I first started playing mandolin about 40 years ago. The price increases have, as classic economic theory tells us, drawn more and more suppliers into the market. One reason for the wonderful choices that mandolin players have now, as opposed to what was around in 1970.
Gibsn: '54 F5 3pt F2 A-N Custm K1 m'cello
Natl Triolian Dobro mando
Victoria b-back Merrill alumnm b-back
Stradolin Vega banjolin
Sobell'dola Washburn b-back'dola
Eastmn: 615'dola 805 m'cello
Flatiron 3K OM