I agree with Michael for the most part. It's unfortunate that the resale value of our Alembics don't hold up over time. There are certain exceptions and, to me, this is one of those. Your instrument has a graphite neck which I can only assume would be an enormous up charge today, if Alembic even would consider building one. Plus it's been completely restored. It's essentially brand new, despite being over 30 years old. I wouldn't pay that kind of money for an Alembic that old that looked it (i.e. dings, dents, finish cracking, potential electronic issues, etc?). But here you're getting a like-new bass, without the two plus year wait, at a fraction of today's price. I don't see any problem. Whether or not the market will bear the asking price is another story all together.