Pricing of a mint Parker Fly Supreme 05'

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KenanJ
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Pricing of a mint Parker Fly Supreme 05'

Post by KenanJ »

Hey Guys!

I just want to know what would you consider a no brainer price or a steal on a Fly Supreme from 05, condition is mint.
Seller currently ask for 3k5 but I don't know the market around this particular model.

I'll be happy to hear you guys about that.

Chhers :)
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mmmguitar
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by mmmguitar »

@KenanJ, is that price in USD? If so, recent Supreme and Artist sale prices have ranged from $4,000 to $6,000 USD; which would contextualize $3.5k as being a low asking price. If not USD, you can convert the prices I'm presenting:

Based on current and recently ended listings, speculators willing to overpay for Flys of all SKUs advertised as being in "mint" or "excellent" condition (even when the condition is misrepresented) appear to constitute the bulk of sales and asking prices exceeding $4,000, with sales ranging from $2-4.5k being all over the place in terms of condition, and competing listings in the lower range of prices ($2-2.5k) appearing to sit for longer - ostensibly a consequence of attracting less speculator attention.

So, depending on which currency your Supreme is priced in, you could either be acquiring a more popular model for a "good" price, or overpaying as a consequence of international speculators competing for Supreme or Artist models having driven prices up in recent years.

For additional context: Having owned and deliberately sold a Supreme below market value (the buyer still ended up paying close to $4,000, due to sales tax), I don't feel the cosmetics or increased weight of an all-maple body necessarily justify asking prices in the aftermarket being two or more times that of Deluxes, Classics, or Mojos (something I primarily attribute to the Parker Guitars aftermarket being niche and speculator-driven).
Summary of the Parker Guitars speculator market from 2020 onward: https://en.wikipedia.org/wiki/Greater_fool_theory
KenanJ
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by KenanJ »

Hey @mmmguitar ,
Thanks for your complete answer, the price is in EUR it's local listing in my country so I was wondering how it aligns to international market.
Thb, I felt like 3k EUR would be a steal imho, but with what you say maybe I'm just in a collector rush so maybe I'll keep and eye for it from a distance, anyways I definetly love the weight on my 94' deluxe, is the supreme really heavier or it's just a matter of (grams)?
Cheers
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mmmguitar
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by mmmguitar »

KenanJ wrote: Fri Jul 05, 2024 3:18 am Is the supreme really heavier or it's just a matter of (grams)?
I was speaking to a potential difference of perhaps only three to five hundred grams - Not significantly more; and still much lighter than most guitars. I think weight is, by far, the spec which fluctuated the most in Fly production (My heaviest was over 3.2kg!).

My comparison was for the sake of stating which tangible differences between a Deluxe and a Supreme an owner is most likely to note when switching from one to the other; and how I personally feel those differences don't necessarily justify the difference in pricing we see in the aftermarket. Having purchased my Supreme for approximately €2,300 in June of 2020, during a period where speculators were buying up all the other Fly listings priced under €1,850, to see so many of those same guitars immediately re-listed for double the price was a shocking development:

For five years or so prior to that speculator bubble forming, Parker and Carvin had been perhaps the two most notably depreciated high-quality brands (and best kept secrets) in the aftermarket. I still own the Fly I purchased for €554 a few months after the brand was discontinued, and Guitar Centers would occasionally sell used Flys for as low as €185, simply because they had a reputation for sitting unsold for years due to a combination of being regarded as "ugly" and "plastic" guitars, store employees never knowing how to set them up and, from July 2015-onward, the knowledge that there would no longer be any aftersale support for spare parts or warranty repairs. It is now a much different world for those wanting to try a Parker guitar.
Summary of the Parker Guitars speculator market from 2020 onward: https://en.wikipedia.org/wiki/Greater_fool_theory
BMA_USA
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by BMA_USA »

mmmguitar wrote: Thu Jul 04, 2024 12:39 pm I don't feel the cosmetics or increased weight of an all-maple body necessarily justify asking prices in the aftermarket
Agreed, although my taste has changed to preference for solid colors while the guitar market seems to value figured tops as much as ever. I'd trade out of my Supreme if it could bring back two solid Flys (certain colors) at this point.
KenanJ wrote: Fri Jul 05, 2024 3:18 amanyways I definetly love the weight on my 94' deluxe, is the supreme really heavier or it's just a matter of (grams)?
Cheers
Mine weighs slightly over 2.5 kg. Still a featherweight guitar by any standard but noticeably heavier than the Deluxes I've played.
colliderman
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by colliderman »

BMA_USA wrote: Thu Jul 11, 2024 11:18 am
Agreed, although my taste has changed to preference for solid colors while the guitar market seems to value figured tops as much as ever. I'd trade out of my Supreme if it could bring back two solid Flys (certain colors) at this point.
:shock: And what might those colors be?? We might have to talk...
BMA_USA
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by BMA_USA »

colliderman wrote: Mon Jul 22, 2024 10:48 am
BMA_USA wrote: Thu Jul 11, 2024 11:18 am
Agreed, although my taste has changed to preference for solid colors while the guitar market seems to value figured tops as much as ever. I'd trade out of my Supreme if it could bring back two solid Flys (certain colors) at this point.
:shock: And what might those colors be?? We might have to talk...
Sorry I haven't logged on in a while. I can't remember all of the colors from each era and would have to think about this. From the original Deluxe solid colors, the emerald green is my favorite and the only one I'd probably veto is the Italian plum. Any hardtail would be nice even preferred actually.
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Patzag
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by Patzag »

What is really funny, is that as much as I want a Supreme I would not trade my hardtail for it!
Razoumihine
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by Razoumihine »

Hi KenanJ,
How about this Fly Supreme 05? I can see it is still for sale near Bordeaux, 3,5k€ indeed.
Lionel
KenanJ
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by KenanJ »

Razoumihine wrote: Thu Oct 10, 2024 7:43 am Hi KenanJ,
How about this Fly Supreme 05? I can see it is still for sale near Bordeaux, 3,5k€ indeed.
Lionel
Yeah it’s this one. Are you in France too ?
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by Razoumihine »

Yes KenanJ, from Niort, and You? ! So why didn't you go further for this Supreme ? It seems in a perfect condition.
I have an eye on it and expect to receive more pics from the vendor within the following days.
Lionel
KenanJ
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by KenanJ »

Razoumihine wrote: Thu Oct 10, 2024 8:09 am Yes KenanJ, from Niort, and You? ! So why didn't you go further for this Supreme ? It seems in a perfect condition.
I have an eye on it and expect to receive more pics from the vendor within the following days.
Lionel
I alread have a supreme from 97 and the price is a but high for me at the moment but it does usre look in great condition!
KenanJ
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Re: Pricing of a mint Parker Fly Supreme 05'

Post by KenanJ »

I might be selling my 97 supreme if you're on the hunt for one just send me a private message in case of you're interested !
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