Whether a price paid is high or low is both objective and subjective. For instance, part of the price paid accounts for degree of patience; nice quilted maple series basses don't come up for sale often, so if you want one like this one now, and it's the only one available, then you may be willing to pay a premium. Here's what I'm thinking at the moment. This is a post '94 pre '99 bass, which gives it a premium over a pre '95 bass as regards the electronics; and the chrome plated hardware is nice too. And it appears to be in excellent condition. I'm thinking you can pick up a pre '95 (post '84)quilted maple Series I for maybe 3,000 to 3,500 depending on condition, if your patient . So, I would add to that amount maybe 400 to 500 for it being post '94 but pre '99 for the electronics upgrade differential (but not necessarily so since not all basses need the upgrade). Then if the chrome plated hardware is an important consideration for the buyer, it would add another premium of a few hundred dollars. So, my guess would be low to mid 4k's. Add to that the fact that such a bass doesn't come up for sale very often, and the 4,700 doesn't seem unreasonable.
(After thinking about this some more, my 3,000 to 3,500 range stated above may be a bit low as it does not consider the recently observed increases in used Alembic prices generally.)
(Message edited by davehouck on May 07, 2005)
