I beg to disagree.
Last fall I listed an immaculate bolt-modded blue label for $100, here and on ebay. Over the course of a month and a half I dropped the price about $10 per week and ended up selling it at about $45-50 + shipping.
It was a really nice one, too. I have another couple that I was considering giving the same treatment, but the experience was very disappointing.
If you are working for more than minimum wage, you would need to get AT LEAST $75-85 to even consider something like that (well, maybe $40-50 if you really did the board for $5 delivered into your hands!).
Congrats on (yet another!) purchase OP.
People in Australia will pay $100USD for a Model M. They aren't as common here, so demand outweighs supply by quite a lot. Personally I'd only pay that much for a new-old stock one (and have done recently).
Agreed. Bolt-modding is NOT something you do for profit- the amount of time and effort involved would mean that you'd have to sell them for quite a lot more than what anyone would be prepared to pay (depending on how 'valuable' your time is I guess).
I bolt mod my own boards, and would happy do one for a close friend / family member for beer/scotch, but not for profit.
My Silver label is my favourite Model M (and also the one I bolt modded). It is easily the most well made board of the ones I own (including the Unicomp and the Lexmark). Unlike all the other board, the Silver label one fits together perfectly in every aspect. Mine is a UK made one (but don't hold that against me).