In my opinion, it's a nice, entry-level box, especially with just a tone control. Now, I would pay $50.00 for a nice, entry-level box, especially if it were in great physical shape and everything worked. But that's just me. You'll need to make up your own mind, depending on what you want and what you have to spend. Value is a very subjective thing. And, like CalretBadger said, value really only matters when you sell it. As my wife always tells me when I try to convince her how valuable my collection is, "If you're not going to sell it, it's worth nothing."