jmh151
Active member
Re: PRS S2 Series - what do we make of these then?
True, PRS may be the only one that will rise to that level, but I doubt PRS will make the same mistakes that Fender and PRS did that gave rise to the demand for those early models. If anything, I think a currently produced Custom 24 is made the same, if not a little better than the early ones. The demand for a pre-lawsuit PRS is ridiculous, current PRS single cuts are as good or better. The only one I see that could rise in value is an alder bodied CE 24, since they were cheaper and many prefer the alder over the mahogany.
I bought my Korina PRS knowing it was a limited edition, they sold for 1999, I paid 1599, and I have not seen any go for less than 1599 on the used market- most of the time they're going for more than I paid.
The dragon series will always go up in value . My belief is if you buy a PRS used, you will always get back what you paid for it. If you buy new you're gonna take a hit if you try to resell
I can't knock them at all for doing this. Like every other big company, they need to hit all demographics and price points.
But in the back of my mind, I can't help but think the smartest buys right now are PRS classics, just like buying 50's Gibsons and Fenders in the 70's. Rather than shelling out $1500 for a PRS equivalent of Fender CBS/Gibson Norlin, the wise guitar guys will be mining the used market for pre lawsuit Singlecuts, early McCartys, Artists, Brazilians, Eagles, etc. Find the desperate sellers who are letting go of $5000-$10K PRS's for $2500 or less.
Then wait till the early PRS's rise in value like old Gibsons and Fenders. PRS guitars are one of the very few that may get to that level of collectibility.
True, PRS may be the only one that will rise to that level, but I doubt PRS will make the same mistakes that Fender and PRS did that gave rise to the demand for those early models. If anything, I think a currently produced Custom 24 is made the same, if not a little better than the early ones. The demand for a pre-lawsuit PRS is ridiculous, current PRS single cuts are as good or better. The only one I see that could rise in value is an alder bodied CE 24, since they were cheaper and many prefer the alder over the mahogany.
I bought my Korina PRS knowing it was a limited edition, they sold for 1999, I paid 1599, and I have not seen any go for less than 1599 on the used market- most of the time they're going for more than I paid.
The dragon series will always go up in value . My belief is if you buy a PRS used, you will always get back what you paid for it. If you buy new you're gonna take a hit if you try to resell