Ibanez JEM 10th Anniversary - Should I buy??

rareguitar · #1 11-29-2006, 07:09 AM

Hey Guys,

I am new here to Jemsite but have been around guitars for 20 years. I have always been a Les Paul guy and have lots of guitars and have recently re-discovered a few of Steve Vai's albums and I am hooked. I owned a desert yellow JEM 10 years ago and really liked the guitar but for some reason I traded it off for something.

Well I am back into the fold and I am going to buy some Jems for my collection and to play. I am currently the high bidder on a mint minus Jem 10th anniversary on the "bay" at $4K.

There is a $4.5K buy it now and I just don't know what the prices are on these things. I feel I may be on the leading edge of the market where I am. You guys seem to have your thumb on the market here so please chime in and let me know your thoughts.

Thanks,
Brad

Ibateur · #2 11-29-2006, 07:54 AM

4.5 for a near mint 10th sounds within reason. Rich should respond to this if he hasn't already BINned that 10th.

**GilkyBear** · #3 11-29-2006, 08:00 AM

Rich sold that 10th to the guy who is selling it now

The buy it now price is at the top end of the price range for these (in that condition), which I guess a BIN is designed to be. You won't make any money if you sell it anytime soon, but you won't lose any money if you BIN either. Most people are saving for a 20th, so now might be a good time to grab one.

The Euphor · #4 11-29-2006, 08:12 AM

If you got the highest bid at a little over 4k. What's another $500? I mean, if you want it and can't wait...

There will be four new 20th that you might want as well, so... Hard to say. You might not get outbid...

rareguitar · #5 11-29-2006, 09:56 AM

Thanks for the replies and tend to agree "The Euphor" with his "Whats another $500 bucks comment" but it is not mint and I dont have to have it today. It's not the money so much as just not wanting to jump to early for all the money on a guitar with a few small issues. This guitar went 10 days last time and only got up to $3800 or so.

Thanks for the comments though and if anyone else has anything to add feel free.

Best,
Brad

**GilkyBear** · #6 11-29-2006, 10:16 AM

http://www.ibanezrules.com/used/used_sold_jem.htm

This is the one from Rich's site (#477). It sold for $4350 on June 30th of this year, so it is pretty much in the exact same shape I would guess. The price is right I think. I wouldn't buy it now though, I think you should wait until the auction is over and although you haven't met the reserve, he has listed this a few times, and that costs money, so he may just say that your bid is good enough. If somebody else outbids you, more power to them. If he wants to relist it, more power to him. It is nice though, almost perfect, with the nice case and the certificate and everything. If I was in the market for one, I would bid what you bid and stop. Even if you get a perfect one, as soon as you play it you will rub the chrome off the pickups too.

**jemsite** · #7 11-29-2006, 10:24 AM

the 10 value will go up over the years but might have a short-term blip depending on the JEM20. If that is an exciting pricing, you might see more 10s for sale as collectors cash out or you might see the "that sucks lemme find a 10 now" effect. $4k is always better than $4.5k.

either way Rich's used page has one for $4850 from a reliable seller/grader so that sorta sets the bar as the absolute MAX what to spend relative to condition. if it were me i'd buy for $350 more from him than the BIN. That said, i don't know who's selling that, or if they're a member here. $4000 vs $4850 is a different consideration than $4500 vs $4850... glen

rareguitar · #8 11-29-2006, 11:42 AM

Quote:

Originally Posted by jemsite

the 10 value will go up over the years but might have a short-term blip depending on the JEM20. If that is an exciting pricing, you might see more 10s for sale as collectors cash out or you might see the "that sucks lemme find a 10 now" effect. $4k is always better than $4.5k.

either way Rich's used page has one for $4850 from a reliable seller/grader so that sorta sets the bar as the absolute MAX what to spend relative to condition. if it were me i'd buy for $350 more from him than the BIN. That said, i don't know who's selling that, or if they're a member here. $4000 vs $4850 is a different consideration than $4500 vs $4850... glen

Thanks Glen, I think the one Rich had is sold or pending. I think I will see what happens at the $4K number and as you suggest and look at all options. In the mean time I will will pick up a new white production model to tie me over :-).

Best,
Brad

Rich · #9 11-29-2006, 12:03 PM

That 10th is available, email if you're interested.

I seriously doubt Barry would be going any lower as he's loosing at this point considerring he had to pay customs on it, which is something you need to consider also. 10% adds up fast

rickcard71 · #10 11-29-2006, 07:06 PM

Quote:

Originally Posted by rareguitar

Thanks Glen, I think the one Rich had is sold or pending. I think I will see what happens at the $4K number and as you suggest and look at all options. In the mean time I will will pick up a new white production model to tie me over :-).

Best,
Brad

I love it, he is talking like he is buying jackets, "In the mean time I will will pick up a new white production model to tie me over." Awesome, buy as many as you can afford too. You may already know though, but in case you don't, that is not a players guitar, the chrome will come off the pups. It wouldn't stop me though if I had the money, they are awesome.

I think if the 20ths aren't desirable, we will see 10ths slightly increase. Soon we will all see-thru the 20th, oh, I mean see the 20th.