Ibanez S Series S540 (stated 1993, Made in Japan) — MIJ S‑series at a lower asking price

Used Ibanez S Series S540 listed at £536.65. The S Series is known for very thin sculpted bodies and fast necks; Japanese and Prestige/Premium models carry different values.

Why we selected it today

Great Price on a historical like‑for‑like basis — the listing at £536.65 is below the historical benchmark and the current live comparable median used here. The feature relies on historical like‑for‑like data because the present live pool of closely matched listings is below our normal threshold. All price comparisons are observed asking prices, not confirmed sales. The pricing evidence helped too: AG currently rates the asking price as Great Price against its like-for-like comparison set.

The model’s pedigree

Ibanez S Series pairs very thin, sculpted bodies with fast necks and contemporary pickup/tremolo arrangements; Japanese production runs (including early 1990s examples) are particularly collectible to some buyers.

How we matched this guitar

Detected identity: Ibanez S Series · Japan (confidence: high). The listing states year 1993 and origin Japan — described as stated, not independently verified. The listing title also includes ‘Fujigen’ and ‘MIJ’ as stated by the seller.

Key features

Very thin sculpted body, fast neck profile and modern tremolo/pickup configurations typical of the S Series. Exact model code and factory details materially affect value.

How the asking price compares

At £536.65, this sits against a current median asking price of £827.46 across 3 other closely matched listings. Allowing for the like-for-like asking-price history we have collected, the AG benchmark is £701.27. The featured guitar is about 23.5% below that level. That earns AG’s Great Price rating: on the evidence available, it is notably keener than the centre of the current asking-price market. These are observed eBay asking prices, not confirmed sold prices.

What a buyer should check

Identify the exact model code and factory, then check tremolo knife edges, locking hardware, neck condition, frets and any pickup changes.