Larry, since no one else is chiming in with estimated value, I'd recommend you do a search here on the For Sale board for some combination of Series 1 Short Scale Small Body. Series 1s of this vintage seem to go for about 3K to 3.5K, depending on condition. For a short scale small body I think you can safely add 500 bucks or more. I think that the graphite neck and other unusual features (LEDs, tailpiece, etc.) should add more value. I think 4K to 4.5K is reasonable, but I'm neither buyer nor seller, and it's tough to estimate what a unique (or at least very unusual) Alembic is worth (to both buyer and seller). Perhaps someone else will chime in if I'm way off base.