Advice about my EBMM Majesty 8 String

[Bill S]

I’m looking for some advice if possible please, about my Majesty 8 string. I am in the UK and I imported one of the original 100 of these that were made, in September 2021. Including tax and shipping I paid $5,587.27.

I have to admit i bought it on a whim and the truth is I haven’t played it. The guitar hangs in my studio as a beautiful piece of wall art. My broad intention when I bought it was to hold it through life and maybe my kids would inherit it and even eventually make a profit. That said, in recent months I’ve started to think this thing deserves to be played, and that won’t be by me - I’ve realised 6 strings is my limit.

So, my options are either to hang onto the 8 string, or sell it and use the proceeds to buy a lovely 6 string to add to my small collection. If I sell, I know that yes, this is an incredible and rare guitar, but on the other hand, the market for an 8 string is a tiny fraction of the guitar playing world. With that latter point in mind, a large guitar store in Edinburgh has offered me just £2,000 as a trade in value against anything they have in their store. I would never sell at anything like that price, I’d rather keep it on my wall.

Just wondering what people here might do? Do I keep it or if I sell, what is realistically a target sale price?

Majesty8.HEIC

drive.google.com

Majesty8.HEIC

drive.google.com

Thank you
Bill

 

[dean701]

I'd sell it. Price it alongside others in Reverb and lower it over time. That's just me. I don't keep any guitars that I don't intend to play. There are too many other guitars in the world calling your name.

 

[Sticky1973]

Bill, get it sold.

If this is GG in Edinburgh, that number sounds about right from them. Not great, but it gets it sold. If you can strike a deal on a Majesty 6, with discount from them, do it.

I was in a similar situation recently, and don't regret the transaction at all. What you reach for will be worth it.

Wait............ a ten year time warp, and I'm back on the forum

 

[Bill S]

Certainly is Guitar Guitar - I offloaded a Gibson SG I wasn‘t playing to them last year in a direct swap for a beautiful 20 year old Taylor. They actually offered more than other places so I thought I’d try them first this time. They paid me £1,500 and then put the SG on the wall for £2,850 - it was sold in a week!