Bill,
I have to agree and disagree. If the construction of one of Steven Cripe's guitars is anything like my Resurrection (which I assume it is), I'd have to say anywhere in the neighborhood of $5000 is fair. The craftsmanship definitely is there. Plus you get a lot standard on the Bolt that would be extra on an Alembic - bookmatched to center top, continuous wood backplates, bound fretboard, inlayed battery compartment cover etc...He may have been a novice, but he obviously was talented. I can't imagine Jerry would have played one of his instruments otherwise.
However, to say that the second guitar is worth anywhere in the universe of $25,000 is insane. I could see a diehard Jerry fan paying maybe half that for a Cripe Lightning Bolt, but this guitar isn't even that. It's some hybrid that, in my opinion, is pretty ugly.
Jonathan