I remember considering the purchase of a JEM7V a few years ago. The price was about $1,999.00. I was revisiting this idea of purchasing a JEM7V and I see the asking price is $2,999.00 on at least one website. What are the reasons for this increase of 50%. Has the cost of the materials used to make this guitar, which appears to be virtually unchanged from what it was a few years ago, gone up this much?
I do see there is a glimmer of hope for me owning a JEM before I die (but not exactly the one I have been wanting) in the form of the cheaper JEMUV.
And I am not just picking on Steve's guitar or even Ibanez guitars. The price of some guitars just makes me laugh. I think Slash's signature guitar sells for around $4,000.00.
Who would have thought guitars as a commodity would be in the same class as diamonds and gold. Is wood considered a limited natural resource? Wow.