Well, we're half way through 2012 and I thought I'd review the sale prices for some of the high end vintage Pioneer receivers. I would expect that the poor economy has affected values negatively or perhaps the fact that the world is ending in December of this year might put downward pressure on prices as well. My guess is that the economy is having the larger affect to this point.
I'll start off with the what most people see as the ultimate vintage Pioneer receiver the SX-1980. I know that it does have some engineering issues and that some feel that the SX-1250 is a better unit but the SX-1980 is still a "holy grail" monster receiver and should reflect the state of vintage receiver values fairly accurately. The first sale I saw was for a unit that was in full working condition and pretty good cosmetic condition.
The wood case had a few scratches and blemishes and the top of the faceplate had a couple scratches as well. Probably a 7 out of 10 overall. That unit sold for $2000.00 in July of 2012. I've seen these sell for upwards of $4000.00 in the past, in excellent condition of course, so $2000.00 might show some loss of value over the last few years.
Another SX-1980 was listed as a Buy it Now item for $3200.00 in July 0f 2012. The receiver was in perfect working order, being just recently serviced, and had only a few minor flaws cosmetically. You could possibly rate this unit as a 9 out of 10. It did not sell. It had offers but no sale. So, obviously the $3000.00 range is a little high for these receivers in this market.
Another insightful non-sale was another July auction for a unit with a faceplate in excellent condition, nothing missing, fully functional, with just some mild wood case wear. This unit was bid up to $1276.00 but did not sell. The unit had even been recently completely serviced by a Pioneer guru. Obviously there was not enough interest to bid the price up any further. The buy it now price for the auction was nearly $4000.00 which the final bid did not even come close to.
Another auction is currently under way for a very nice SX-1980 and it is currently at $1125.00 with a few days left to go. I'll update this post once it ends. It looks very nice so it should sell for a decent price.
Update: Ok, so the Pioneer SX-1980 shown above sold for $2025.00 (8-11-2012). It basically needed nothing and had been fully serviced. Cosmetically it is very nice. Just over $2000.00 is pretty cheap relative to prices a few years ago. I guess the moral of the story is that if you want an SX-1980 now is the time to buy one.
Update 2 (Sept. 2012): A Mint condition SX-1980 just sold for $3838.00. Definitely one of the higher recent sale prices for this unit.
Update 3: Fully restored SX-1980 sold for $5000.00 on March 25, 2017.
Update 4: 4 SX-1980 sales at beginning of 2017 for $2900.00, $2977.00, $3150.00 and $3500.00
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