How much is this guitar worth?!


Question:

How much is this guitar worth?

I recently got my hands on an Ovation classical acoustic guitar. It's model number is 1116, it's a Concert Classic, and apparently it's discontinued. I can't find it for sale anywhere and can't compare prices or anything. Can anyone tell me about how much it's worth?


Answers:

Your guitar was built between 1974 and 1990, and was available in either a natural finish or in sunburst finish. Although the sunburst finish is much rarer it is less valuable because most classical players don't find sunburst appealing.

Anyway, in excellent condition, the Blue Book of Acoustic Guitars places it's current retail value at $350-$425 down to average condition valued at $175-$225.

If you were to trade it in, expect about 75% of the values listed. If you were to sell it to a place that buys used gear expect 35% to 50% of the value.


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