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I don't think it's anything to do with price, it's construction, choice of tone woods, attention to detail surely ?
A lot of older basses are quite valuable but not necessarily 'high end'.
Sei's are surely 'high end' basses, but don't seem to hold their price as well as something like a Fodera or a Wal. My Modulus is (to me) a high end bass, but again not as expensive as a Wal or a Fodera.
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I agree with this quite a lot. I would consider the Warwick thumb LTD that I just traded a 'high' end bass but in comparison to the likes of Fodera, Ritter, Wal etc the value is a fraction.