GFI Ultra S10 value?

Marc Jenkins · Post by **Marc Jenkins** » 11 Jun 2018 11:37 am

I just took stewardship of a GFI Ultra S10 (serial 1150) 3x4 from a really wonderful woman to whose deceased brother this steel belonged. It is in fantastic playing shape, though some of the wood-grain mica is peeling away a little. I donâ€™t have a standard tuning wrench (my Sho-Bud uses Allen key) to fully tune it, but all seems in order.

Iâ€™m to hang on to this thing and use it for students etc, perhaps sell it down the line - sheâ€™ll donate the funds to a local music school if that happens.

What would a ballpark value on this be? Thanks in advance.

Marc Jenkins · Post by **Marc Jenkins** » 13 Jun 2018 9:19 am

Anyone able to help? Thanks!

Erv Niehaus · Post by **Erv Niehaus** » 13 Jun 2018 9:58 am

Marc,
I would do a search here on the Forum under "For Sale: Steel Guitars" and specify: "GFI steel guitar".
You should be able to pull up a bunch of GFI's.

Erv

Marc Jenkins · Post by **Marc Jenkins** » 13 Jun 2018 10:33 am

Thanks Erv,
I did do that but the prices are almost always deleted.

Erv Niehaus · Post by **Erv Niehaus** » 13 Jun 2018 10:38 am

I hate when that happens.

Erv

PS: There is a S-10 GFI listed for sale on the Forum as we speak.

Marc Jenkins · Post by **Marc Jenkins** » 13 Jun 2018 1:14 pm

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Donny Hinson · Post by **Donny Hinson** » 13 Jun 2018 5:08 pm

Based on about 20 sales I saw in the past 3 years, I'd say most of the used GFI S10 models normally sell for $1800-$2200. The SD10 and keyless models are slightly higher, due to their scarcity.

Marc Jenkins · Post by **Marc Jenkins** » 13 Jun 2018 10:39 pm

Thanks Donny!

Ken Pippus · Post by **Ken Pippus** » 14 Jun 2018 11:34 am

I agree with Donny's estimate, and would add that the Ultra's go a little higher than the Expo's. And they don't necessarily fly off the forum at those prices. Especially considering their initial price, I've always thought they were a pretty good deal used.

Allan Kirby · Post by **Allan Kirby** » 15 Jun 2018 5:15 am

I currently own two GFI guitars, a SD-10 Ultra and a S-10 Expo-X1. I bought the Expo-X1, new, several years ago and the Ultra, used, a couple of months ago. They are great guitars. The S-10 Expo X1 is now my main gigging guitar and I really like it.

In terms of current value, knowing what I paid, I feel these guitars would sell used in the $2,200 to $2,400 range (Canadian Dollars), which translates approximately to $1,800 to $2,000 (American dollars).

I could actually be a little light on the dollar figure, but time will tell. My GFI guitars are well made, easy to play, easy to work on, and do not weigh a lot compared to others. I can see them holding their value over the years.

Marc Jenkins · Post by **Marc Jenkins** » 15 Jun 2018 9:36 am

Thanks everyone, very helpful!