L-03bw: What's It Worth?

Started by Steve Daugherty, May 24, 2005, 01:51:52 PM

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I have a small acoustic music store. I don't do internet sales. I called Larrivee, and they told me about this forum. I traded for a L-03BW, which is an "Australian Blackwood, similiar to Koa." I'm told that 200 were made. It's inthe larivee case. it has a small hole in the guitar, where the button was placed.
  What's the value. Thanks. Steve Daugherty @ Mountain Music, 423-875-5250.

steve,

If you go to the search function (above right) and enter the key words blackwood and 03 and select the button "any date" you will see what they went for here on the forum. there are 3 or 4 entries for this model guitar.

Once you settle on a price, or if you want to entertain offers, you should post a picture, provide a better description, and give forum members a go at it.

Randy R., Georgia, USA
Opinions available. Inquire about qty discount.
Forum Guitar III LS03 #15 ser no 108519

doesn't seem to be any buyers here recently. i had mine listed for about two months.

i bought it for $755 on ebay. resold it on ebay for a little less. it seems to be slightly on the high side for what people want to pay, although several months ago they went for 800.

Yep, things were different back in the big blackwood rage of '04.  :D  

Hey! Whadaya mean the big Blackwood rage of '04?  

Great tone NEVER goes out of style! :lol:

#113
2004 Larrivee Parlor BW
2003 Larrivee L-03 BW
2002 Larrivee D-03 BW x 2

Gee Steve what happened? We're waiting to hear what you decide. I'll give you 300 for it and even pay the shipping. :D  

Thanks for input.
Steve Daugherty

Good luck with the sale Steve. I hope you got the info you need from us.

QuoteYep, things were different back in the big blackwood rage of '04.  :D
Well, you had to figure there was going to some backlash after the congressional hearings on steroids  :lol:  
"Sometimes you wear stretchy pants, in your room...  Is for fun..."  Nacho

The number of dwarves and maybe a bit less seems to be a reasonable price for a used L03BW.  Less if you want a quick sale I guess.
Larrivee LSV-05
Larrivee LV-09FM
Larrivee CS-30
Yamaha Chronos LL-16
Yamaha Pacifica 112J
Martin LX-1
Fender American Stratocaster Delux
Fender Mexican Stratocaster
Fender Mexican Telecaster
Rivera Sedon

Quote
QuoteYep, things were different back in the big blackwood rage of '04.  :D
Well, you had to figure there was going to some backlash after the congressional hearings on steroids  :lol:
:lol:  :lol:  :lol:

Wish I'd said that!
Don

Larrivée D-09BW
Larrivée LV-03BW
Larrivée OM-03K
Larrivée LV-03-12
Martin D-18 RIP :crying:
Mossman Tennessee 12
Gretsch Chet Atkins DC
Gretsch Tennessee Rose
Fender Am. Stratocaster
Guild X-170T Manhattan
Fender 90s Telecaster Custom
Guild Starfire 5
Gretsch 5422 12 String
G&L ASAT Deluxe Semi

Steve, since you asked a direct question I'm going to give you a direct answer
you should expect to fetch between six to seven hundred dollars for this guitar.
You did mention a "hole" I can  only assume that someone placed a strap button possibly on the heel of the neck? If so you probably should repair that with a new heelcap......Blackwood was a big thing around here not too long ago, there still seems to be a bit going on about it, not that you would know (being new and all) these guitars do rock and they were in short supply which did inflate their selling price for a time, all said Larrivee has bulit more than one or two limited run models that do hold their own in the used market, right now  maybe blackwood isn't so hot, more importantly they are just damn fine instuments!!!  hope this helps.

Alan

Again, thanks to all for input. The hole is not in the heel, but in the body of the guitar, about 2" from the heel. My explanation is that the former owner had poor judgement, probably coupled with alcohol. He driled a small hole for the strap button.
  This guitar has amazing tone. I suspect that a collector will buy it sometime soon. Was this wood aged before the guitars were built?
    Thanks!!!!!

PS: I priced it, with the larrivee case, at $795.00.
   

On the theory that stores usually charge a little more than an individual, that's probably not out of line. You will probably have to be patient and wait for the right buyer. It also gives you a little wiggle room.

You might post pictures here and at the acoustic guitar forum. The -03 models are great little guitars and the blackwoods are something special indeed. What is the width of the nut? If the binding is the maple binding, how flamey is it? How figured is the blackwood?
Don

Larrivée D-09BW
Larrivée LV-03BW
Larrivée OM-03K
Larrivée LV-03-12
Martin D-18 RIP :crying:
Mossman Tennessee 12
Gretsch Chet Atkins DC
Gretsch Tennessee Rose
Fender Am. Stratocaster
Guild X-170T Manhattan
Fender 90s Telecaster Custom
Guild Starfire 5
Gretsch 5422 12 String
G&L ASAT Deluxe Semi

QuoteAgain, thanks to all for input. The hole is not in the heel, but in the body of the guitar, about 2" from the heel.
That will effect the resale value of any guitar, very sad... :(  
#113
2004 Larrivee Parlor BW
2003 Larrivee L-03 BW
2002 Larrivee D-03 BW x 2

Quote
QuoteAgain, thanks to all for input. The hole is not in the heel, but in the body of the guitar, about 2" from the heel.
That will effect the resale value of any guitar, very sad... :(
Where is it, on the side or back?
Don

Larrivée D-09BW
Larrivée LV-03BW
Larrivée OM-03K
Larrivée LV-03-12
Martin D-18 RIP :crying:
Mossman Tennessee 12
Gretsch Chet Atkins DC
Gretsch Tennessee Rose
Fender Am. Stratocaster
Guild X-170T Manhattan
Fender 90s Telecaster Custom
Guild Starfire 5
Gretsch 5422 12 String
G&L ASAT Deluxe Semi

QuoteI have a small acoustic music store. I don't do internet sales. I called Larrivee, and they told me about this forum. I traded for a L-03BW, which is an "Australian Blackwood, similiar to Koa." I'm told that 200 were made.
Steve,

Here is a previous thread about numbers of blackwood guitars. You may find it interesting.
Don

Larrivée D-09BW
Larrivée LV-03BW
Larrivée OM-03K
Larrivée LV-03-12
Martin D-18 RIP :crying:
Mossman Tennessee 12
Gretsch Chet Atkins DC
Gretsch Tennessee Rose
Fender Am. Stratocaster
Guild X-170T Manhattan
Fender 90s Telecaster Custom
Guild Starfire 5
Gretsch 5422 12 String
G&L ASAT Deluxe Semi

Hello,

I stumbled on this old post and wanted to ask the same question  20 years later. I own this same guitar that I purchased  in the early 2000's. The model is L-03BW. It is in mint condition and I have an LR baggs Piezo pickup installed at the guitar shop. I picked it out of 20 different Larrivee guitars. This was the 7th or 8th guitar that the store owner played for me. When I heard it, that was the end of my search. I am not much of a player, so this guitar has verry little use and has been sitting in the case for the past 20 or so years. So, I'd like to sell it now to pay some medical bills. What do you think it is worth  today?

Quote from: grantzol on July 09, 2025, 04:36:39 PMHello,

I stumbled on this old post and wanted to ask the same question  20 years later. I own this same guitar that I purchased  in the early 2000's. The model is L-03BW. It is in mint condition and I have an LR baggs Piezo pickup installed at the guitar shop. I picked it out of 20 different Larrivee guitars. This was the 7th or 8th guitar that the store owner played for me. When I heard it, that was the end of my search. I am not much of a player, so this guitar has verry little use and has been sitting in the case for the past 20 or so years. So, I'd like to sell it now to pay some medical bills. What do you think it is worth  today?
Right now is a tough time to sell an acoustic as the used market is saturated (for a couple reasons). I don't feel comfotable giving a price as I've seen 03-level Larrivees sell for anywhere from $1,000 to $1,700 used, and yet there's some listed for $1,000 that aren't selling. It's a weird market.

Condition, condition, condition.

Was it kept properly humidified or dehumidified over the 20 years. Cracks, scuff marks etc. will play a role in the amount you can get for it.

Keep checking Reverb.com and Ebay for used prices, that'll put you in the ballpark.
Herman.

L-10, L-03FM, OM-05
 Forum VI, & "others"

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