Re: Not all Collings hold their value
I think you WERE lucky to get $4500. I've seen suggestions that a used mandolin will generally be 70% of the price of the new instrument, with some leeway due to wear and tear as well as desirability of a particular instrument or maker. Anytime I see used instruments, I do that calculation and it seems to fit pretty well, from low-priced Eastmans and Kentuckys up to higher priced instruments. From that rule of thumb, a $6k instrument should go for about $4200 used.
Folks who talk about buying and getting close to their original cost are usually talking about buying used instruments.
Doug Brock
2018 Kimble 2 point (#259), Eastman MD315, Eastman MDA315, some guitars, banjos, and fiddles
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