Sooooooooooooo much more interested in it's short time with Thin Lizzy more than anything else..just not a PG fan at all...
Peter Green is somebody I respect and admire musically maybe more than any artist, and as a man, especially for fighting back from his health issues.
So obviously this guitar and the music Peter, and to a degree, Gary Moore later made with it are special.
I've thought about this for a while now and here is my take.
Now if you look at the instrument on its merits as a '59 Burst it's not going to be a "Donna" or a "Believer Burst" etc. It's a road dog with modifications made and a broken headstock and an unorthodox neck shape. Yes the out of phase sound blah blah..
But it's the hands it was in. :2cool
If you look at it on the merits of the music made with it and the artistic history then it should be in the RNRHOF or somewhere and in a glass case.
$500K? Well, depends. Clapton's Blackie at $900K, Dylan's Strat for $1M. It's a good price for it's history from that point of view, if it was bought for a museum.
$500K as a '59 Burst? Not a chance..
$500K for a '59 Burst in that condition is never going to happen. Only a multi millionaire Fleetwood Mac fan that isn't a player would pay that. PG is a hero of mine but I wouldn't ever pay that if I had the spare cash.
$100-$120K I would think would be a good price on its merits. When you start getting to more than that there are better instruments out there for players, and certainly collectors.