Andy,
I came across a Tom Murphy R8 with really bad flaking on the neck finish. The seller claims that the flaking occurred when he took the guitar to a luthier to have the frets "shaved". The luthier used masking tape to "protect" the neck, and when he removed the tape he also pulled the finish off of the neck. The seller told me that he's willing to sell for $3,000, which is great price for a Murphy R8. However, I believe that he's trying make a sale without giving me the full story. I am thinking about offering him $2,500 because this kind of damage, plus the fact that he "shaved" the frets down, greatly devalues the instrument. But I'm still leery of making this purchase, even at $2,500. Do you have any thoughts about this? I don't know what a quality refin costs, but after a refin it isn't a Murphy Lab anymore. I'm not sure what the value of a guitar like this is. The guy lives about 30 minutes from me and I have actually played the guitar yet. Any thoughts, other than the "luthier" is a butcher? These pics are from the seller:
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