Remember how 80%-90% of the comments back in March and April of 2020 on future prices predicted an abundance of great deals as a projected mass of people would need to sell to pay their bills?
Most people don’t need to and don’t want to sell their guitars. And a vast majority of the instruments that never get played simply stay where they are or are passed along to family.
I doubt selling prices go down. But we may see fewer of those ridiculously high asking prices on instruments that sit for months with no takers.
|