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I have seen them sell for $500. They are sought after. But you can still find a cheap one once in a while. I picked one up for $180 Canadian a few months ago. The seller had it in his mind that because it's laminated it's not worth much. A good quality laminate is better than a poor or mediocre quality solid wood. Any luthier will tell you that. I have collected Yamahas for over 30 years I eventually end up selling them when i get too many or need cash. I have sold an FG140 for 550 but it was in almost mint shape. You can get 300 easily if it's playable. They were known for terrible string height (action) . Keep in mind too that there were 2 red labels. The rare one says 'Nippon Gakki' on it. They were nicknamed 'The Poor Man's Martin'. I had a buddy once that had a Martin D-18 and was always ragging on Japanese Guitars so i challenged him to play my FG140 and his D-18 in the dark and tell me the difference. At first he swore i kept handing him the same guitar, but finally admitted it was a great guitar. So if you don't really need the money don't sell it

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Q: What is your red label Yamaha fg140 worth?
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