Although Martin made excellent instruments, I agree that the asking price is extremely "optimistic" for a stencil horn. You could get a Committee for that price.
Also, it's a bit deceptive of the seller to list the instrument as a Martin "Lyric", as if it were one of Martin's own models. Yes, Martin manufactured it, but the value is pretty much always less for stencil horns than for those that were branded by one of the major manufacturers. That distinction matters when it comes to market values.
(a) It's an the auction that hasn't ended so there is no set price
(b) It needs an overhaul that could easily add $500 + to the cost
(c) The reverb listing is by Sam Ash, so the horn is being sold recently serviced by a physical reputable dealer so you would expect a possible extra 50% on top of an ebay or private seller type price.
(d) Vintage Brilhart included with the Sam Ash horn
(e) Sam Ash say they will accept offers.
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