The thread about Player guitars had me wondering what you thought about the value and threshold between collector or player guitars. I think we all can pretty much agree that a Vintage collectors guitar can have a substantial wear and tear for a 40 to 50 year old guitar, not a museum piece. So when does a guitar go from a collector to a player and what diminishes the value the most? So lets take a 1952 Les Paul. In original condition showing finish and fret wear value $20,000. What percentage would you put the value with the following and at which point is it a player: Changed nut Changed or missing plastics ie.. knobs, pickguard, etc.. Refret refinished Changed tuners Changed pots Changed pickups Routed for different hardware My opinion: changed nut and refret devalue the least as those are usually necessary. So 2% Changed or missing plastics. about 7%. refinished: 10% to 15% Changed tuners. maybe 10% Changed pots, sometimes necessary, also,: plus you don't really see them. 5% Changed pickups: 20% If the body has been routed I put at least 20% to 25% So, I would put that '52 Les Paul, with all those changes, at about 75% less so a value of around $5,000. I also feel that it leaves collector status when major parts are replaced or gone, tuners , pickups, refinished, routing. I think its still collector status if it's been refretted changed nut, changed pots ( unless the whole wiring harness has been changed) repro knobs. So what's your opinion?