1992 Legacies worth more?

[Rocktacular96]

Hey Guys,

I found a 1992 legacy for sale locally. Seller had it listed at $1300+ and then relisted at $1200. After searching ebay and the sold listings, this seems crazy high. I bought my 1993 Legacy a few years ago for about $750 from a local store. I asked him about it, but he said he refuses to go below $1050 because it was the first production year. I really like the idea of being able to hold the guitar in my hands before buying instead of buying a 3 bolt online(or a new one for not much more), but I can't justify overpaying by that much over value. Is there something I'm missing? I'd gladly pay it if it was worth it, but I can't find anything that hints at 1992 Legacies being worth that much.

[FZTNT]

in my mind, there seems to be a lot of Legacy's out there for sale. I'm sure you can find one in the $900 range if you keep looking. I can't speak for the condition, but a $1200 one ought to be in pretty good shape to be worth that much. Besides the ASAT they are probably the most produced guitar by G&L. Personally, I would look for a pre BBE S-500 or one of the other S-type guitars out there. They can be found for your price range and will hold value better in the long haul. Or try something from the Tribute series. I have never played one but I almost never hear anything bad about them.

Just my Tuppence...

Tom

[Rocktacular96]

The condition was described as being in "players" condition and said to have a "Fender Roadworn" vibe. So no, not particularly immaculate condition.

The price is not an issue. I don't have a budget. I was even considering spec'ing out a brand new one. But, I DO prefer to be able to handle the guitar in person before buying. Things usually work out better that way. That's the issue. There are a ton of Legacies available online. Just none around here, new or used. I was just curious if there was some added value in being made in 1992, because I certainly couldn't find any evidence of that.

I think I'd prefer a Legacy over a S-500. And, I'm not really interested in a collector's piece. I just don't want to pay well over market value. I like the thinner necks and flatter boards, and if most of the early 3 bolt models are like my 93 Legacy, I'll be quite happy with that.

Thanks for the Tuppence, Tom.

[Challenger]

Sounds like too much for a "road worn" Legacy. Perhaps if it was new old stock (unplayed) condition. I'd keep looking. Or, better yet spec out a new one. You can pick all the options exactly as you want it.

[y2kc]

Spend your money elsewhere. For that money you can get a pre bbe G&L.

y2kc

[yowhatsshakin]

Hey Guys,

I found a 1992 legacy for sale locally. Seller had it listed at $1300+ and then relisted at $1200. After searching ebay and the sold listings, this seems crazy high. I bought my 1993 Legacy a few years ago for about $750 from a local store. I asked him about it, but he said he refuses to go below $1050 because it was the first production year. I really like the idea of being able to hold the guitar in my hands before buying instead of buying a 3 bolt online(or a new one for not much more), but I can't justify overpaying by that much over value. Is there something I'm missing? I'd gladly pay it if it was worth it, but I can't find anything that hints at 1992 Legacies being worth that much.

Hi Rocktacular96,

I agree with the guys above. For a 1992-1997, the Bluebook lists a price of $950 for one in Mint condition. But there is a thing that you might not know. Nowadays, Legacies sport a set of G&L CLF-100 Alnico pickups. But this was not always the case. Between 1992 and give and take 1994, G&L used Seymour Duncan Vintage Series pickups on the Legacy and many G&L aficionado would claim that they sound better. That is entirely subjective of course. But check out the Blonde Legacy on Greg Gaglianos' site. The G&L pups would usually be recognizable by the G&L logo on the pickup cover.

Still leaves you with the high asking price.

Hope this helps,

- Jos

[DanDoulogos]

I like to believe that the market itself will eventually determine the price at which a used item sells. We have someone locally selling a minty ASAT classic. It's been for sale for for months - originally priced at $1500, then $1400, then $1200 then $1150. It's $1100 now, and still for sale. Not that it isn't worth that much in some markets (That's about $770 US). This thing would be sold very quickly in a hot market, but where I'm from, G&L's don't sell very well. (Which is a bonus for me, I picked up my 3-bolt Legacy for $750 CDN (about $560 US), and it is NOT road worn - the body was nigh pristine.

So I have to agree with the majority here - that price is either going to come down by itself, or the guitar won't sell. The reason the seller gave for artificially inflating his price doesn't seem warranted - especially if the guitar hasn't been taken care of very well, er, I mean, ... is road worn.

I'd personally keep on looking. I haven't heard/seen 1992 Legacies selling for a premium anywhere else. Seems like a lame excuse to jack up the price on a "worn" guitar to me.

[FZTNT]

There are a bunch of beautiful legacy's on Reverb right now for between $800 and $1000. Two fullerton red's a nice silver sparkle, some various bursts. If you can't find one close. there are plenty of options. Not sure if I can mention sellers but Chicago Music Exchange has a nice one and they are great to deal with. I have bought two guitars from them and was able to talk them down a fair amount too.

Tom

[yowhatsshakin]

... Not sure if I can mention sellers but Chicago Music Exchange has a nice one and they are great to deal with. I have bought two guitars from them and was able to talk them down a fair amount too.

+1

Chicago Music Exchange is a great supplier of fine instruments. And wonderful bunch of people to deal with. They provide you with a check list of all the things they went over before shipping the instrument. Sure, I wasn't there in person to verify the veracity but I couldn't find anything to the contrary either on the instruments I bought there.

They deserve all the kudos. Until they major league F it up of course
- Jos