Sigma Acoustic Guitar Dm 1
Looking for WFM Mitchell and Sigma guitars estimated value?
I have a WFM Mitchell MD 400 acoustic guitar and a Sigma DM-1. Does anyone have esimated value or online resource?
Yes.
According to the 2007 Blue Book of Acoustic Guitars, there are 2 brands that use the Mitchell name. One is an imported instrument that sells at a retail level for $100 to $300, so the used market will pay very little. NEW wholesale prices for these guitars can be as little as $25.00.
The other is Bil Mitchell from Pennsylvania. These are handbuilt and of very high quality. Bil sells these for about $3500 depending on model.
Sigma guitars are Martins import line and have been made, on and off, for 30 years. Prices are generally not sensitive to the year. Original retail pricing for the DM-1 landed about $335.00, and currently they have a value between $80 and $250. Solid top versions go for slightly more.
If you were to trade the guitars in expect to get between 50% and 75% of the current value. Selling them outright to a shop that buys used gear will net you 35% to 50% of the current value.
Sigma DM-1 by Martin