Hi! My name is XXXXX XXXXX X am pleased to assist you. Based on a review of current recorded and documented sales of similar items in the past year and your description, the current market value is estimated to be from $10,500 to $12,000 on the private seller market, if in excellent repair.-
Regional demand can have an impact of values so be sure to check antique and collectible shops in your local area. This input will give you an idea of the trends in your area and then you can decide to sell locally or via one of the online markets.
Potential sales venues would be local listings on Craigslist.org, eBay.com, Rubylane.com or etsy.com , consignment to a local collector shop or inclusion in a local estate sale as an add-on.-
I do hope this answers your question--if you would like any additional information or have additional questions on this topic, PLEASE don't hesitate to ask!
Will, thank you for your advice. I can assume, for insurance purposes, this appraisal is informational only since you haven't seen the instrument. Because of your comment about 'regional demand' should I get a written appraisal in one specific area as apposed to another? I took it to a luthier/appraiser in Nashville TN and wasn't feeling good about his initial comments about 'pedigree', though he was not famaliar at all with the Hofner line, so I didn't leave it. I'm interested in insuring it for true value for protection, then in around one year, upgrading using this Hofner as captial. I need the best price. What's your advice?