depends how it plays and sounds. If you are just starting out you can pick up a really nasty electric guitar for much less, my first axe cost me 5 quid ! The one after that ( a Hondo Explorer no less) was 30 quid and was a much nicer axe. After sticking with the Hondo for a year I managed a Squire Strat that was fantastic (160 quid). This was in the early 80 however I don't imagine the old dog I started on is worth any ore now !