Re: I am going to spend $1,500 on a new mandolin ...
Originally Posted by
pheffernan
Do you think the issue in resale is their pacrim origin more than simply the devaluation of a new instrument? I just did a cursory search and found among other things an Eastman MD515 listed at The Mandolin Store from last August for $799. Granted, that's a dealer, and the instrument was described as mint, but that's 80% of retail. I'd be surprised if you couldn't get $700 in a private sale for your Eastman and 70% of new ($455) for the JBovier. Then we could start shopping!
Mass-produced anything doesn't hold value because there will always be many more of them brand new next week entering the marketplace. Resale value involves a combination of retained (or increased) quality and scarcity. While the pac-rim istruments may indeed satisfy the quality factor, there is no scarcity of them when they arrive daily by the boatload. That's why the hand-crafted instruments made in small numbers by the private builders rarely drop dramatically in value.
A few months ago, I decided to give mandolin a try. I planned to keep total costs for this venture within $1,500-2000. Within that number was instrument(s), books, tuner, accessories (e.g., armrests, straps and such), lessons and whatever else would come along the way. My guitar experiences have taught me that the instrument cost is only a portion of the musical learning process, and that a music budget can get blown away in short order. First mandolin/case was $150, the next was $550, another for $150, then three used for about $1,200 and now the $550 will go on sale next week. Accessories (armrests, tone gard, tuner, etc) added up to about another $400.
Bottom line is that a budget can easily be outstripped by the learning process. For me I've learned I'm not an F-style guy and it's going to be sold (two A-styles have already gone to grandkids, so they don't count). I've learned how to set a mandolin up, do minor repairs, which strings sound best and why, and a few other things. I now realize why certain mandolins sound the way they do and which work best with the music I prefer.
If the OP's total budget (including all other ancillary costs for the next few months) is $1,500, then the advice to keep the cost of the instrument well below the budget maximum is prudent and realistic. Getting a $1,500 instrument if the total music budget is $1,500 can cause a lot of frustration when the desire to do many of the things recommended on this forum can't be funded.
...Steve
Current Stable: Two Tenor Guitars (Martin 515, Blueridge BR-40T), a Tenor Banjo (Deering GoodTime 17-Fret), a Mandolin (Burgess #7). two Banjo-Ukes and five Ukuleles..
The inventory is always in some flux, but that's part of the fun.
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