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Technics SL1000 MK3 (SP10 MK3) performance/value VS modern turntables?

I have a Technics SL1000 MK3 in beautiful condition and in it's lifetime has seen very little use.
I am ready to send it off for complete electronics restoration/upgrade, upgrade the speed control processor module and have the Krebs mods done.  Will cost about $2500.00 to have all this done.

I was wondering how this would compare to what is out there for modern turntables after all the work is done? 
Or, would I be better off selling it, and adding what I was going to spend for the upgrades to a new turntable?
I believe these should sell in untouched condition for at least $5K?  So that would put me in the $7.5K range for a modern table?

For tonearms, I already have:
New, unmounted Moerch DP8
Fidelity Research FR64S, in beautiful condition that I sent off to Ikeda/Japan and they re-wired (better silver wiring, I still have original wires) and completely tore it down and rebuilt/re-lubed.... it's just like a new FR64S.

I think this table would be hard to beat at the $7500.00 price point, but would appreciate others opinion.

Rick

rich121
lewm
13,448 posts
 
When you say hard to beat at the $7500 price point, do you refer to your idea of its value AFTER you do the upgrades, or what?  Because first of all, it's probably worth more than that just as is, in terms of market value.
rich121's avatar
rich121 OP
187 posts
 
Hello Lew,
I don't really know what these are selling for now?
Yes, I was wanting a comparison after all the restoration/upgrades.

I'm just thinking ahead... love the Technics, but just wanted to make sure I wasn't putting money into something that I may get better performance/value buying new?  I have saved just enough to do the upgrades and don't want to limit myself.
Hope I make sense... :)

Also... great to see your post, you are one of the most helpful I know :)
chakster's avatar
chakster
6,144 posts
 
You can sell it as is, without any upgrades if nobody touched it before, the buyer will do the rest if needed. Price depends on condition, if you have original box and everything else like new then the price is very high! As you suggested even for used mk3 it can be $5-7000. If the unit in NOS it will cost twice as much.

Or you can send to our JP Jones for inspection if you want to make sure about condition of the electronics.

Not sure why do you think you need Kreb’s mod for mk3? It’s amazing turntable without any mods!

One of the best turntables ever. Even if you will spend up to $60k I doubt it will be any better.

As for the new one you have to check Technics SP-10R (and its retail).
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