Gibson j45 1961

This guitar is in fairly rough condition, with a cracked neck. cracks around the sound hole. paid 800.00 for it need to know if it is worth putting another 600.00 in it?
Regards:
Terry

ANSWER

Hi, Terry--

I have included the Blue Book prices. The problem is that these prices are for guitars in ORIGINAL condition. In other words, any restoration will render the guitar not valuable to collectors.

Therefore, your decision should probably be based only upon your fondness for the guitar and not on its monetary value. Here are the prices:

Excellent $2,500 - 3,000
Average $1,400 - 1,750

Lynne