I agree with Al on this, comparable performance and REAL value, not price which unfortunately is overlooked by some.
I still have a pair of McIntosh MC-60 amplifiers that I paid $850.00 the pair for in 1989. The amps sold for 198.00 each new during the time of their manufacturer from 1955-1961. I had no objection paying more than double their original cost at the time simply because I liked them a whole lot more than the Threshold they replaced. A restored pair will currently bring from 2.5K to upwards of 5K today. I've owned them longer than any other component and the reason I won't sell them is simply that I haven't heard anything that can replicate some of the things they do, I still enjoy listening to them. I only wish I had more space to set-up a vintage system using those amps! In any case, I'm stuck with them, listening occasionally and always thoroughly enjoying.
A better question to ask is why does new gear lose so much of it's retail price? My thinking is that a properly restored vintage product can be a better long term value than buying new weighing in it's build quality and most importantly the quality of the transformers that weigh in heavily on their potential performance. With the quality of current parts vintage can be a sound viable option to paying new and will surely compete and of course always maintain that vintage status and long term value. Others will disagree I'm sure.
I still have a pair of McIntosh MC-60 amplifiers that I paid $850.00 the pair for in 1989. The amps sold for 198.00 each new during the time of their manufacturer from 1955-1961. I had no objection paying more than double their original cost at the time simply because I liked them a whole lot more than the Threshold they replaced. A restored pair will currently bring from 2.5K to upwards of 5K today. I've owned them longer than any other component and the reason I won't sell them is simply that I haven't heard anything that can replicate some of the things they do, I still enjoy listening to them. I only wish I had more space to set-up a vintage system using those amps! In any case, I'm stuck with them, listening occasionally and always thoroughly enjoying.
A better question to ask is why does new gear lose so much of it's retail price? My thinking is that a properly restored vintage product can be a better long term value than buying new weighing in it's build quality and most importantly the quality of the transformers that weigh in heavily on their potential performance. With the quality of current parts vintage can be a sound viable option to paying new and will surely compete and of course always maintain that vintage status and long term value. Others will disagree I'm sure.