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Info on jbl paragon

Hi, I have been talking with a guy who just got a 1963 jbl paragon. This guy does not know much about hi end audio stuff, neither do I, but I am learning. I am not going to see it untill first week of may. but he wants 3000.00 for it, all the info I have on it is that it is 11 feet long, He said it was in pretty rough shape. I have no idea if it is worth going to take a look at, the only reason I would buy it is to re-sell it. Is it worth 3000 if it is in rough shape? Do people spend money on just the speaker components inside? or does the cabinet make the value? any info would be great Thanks
tinyt

Showing 1 response by tonykay

tonykay
1,310 posts
 
JBL Paragon was JBLs absolute top of the line way back when. In any kind of decent shape they sell for $10K+. As Elizabeth said, if the original components are there,
$3,000 would be a steal regardless of the cabinet shape. If it were me, I'd remove the components and let a cabinet maker rebuild and refinish the cabinet to better than new.
When you put the components back together, you'll have something worth several times what you paid for it.
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