This same guitar (I am quite certain) was for sale on Craigslist-Seattle only three weeks ago. The asking price then was a shockingly low $375, if I recall correctly. Since that time, it seems that someone has bought it (presumably for that price) and he is currently trying to flip it for a little profit. Even at the current asking price ($550), one could almost afford to take a chance on this guitar without paying it. I apologize in advance if my inclusion of the following link falls out of compliance with certain forum rules...I just wanted to throw this out there really quick to see what you guys thought about the prospect of owning this particular 12-string for so cheap:
http://seattle.craigslist.org/see/msg/3948507268.html