About 10-11 years ago I played a Master Built single coil Precision with a pine body. IIRC it was built by Mark Kendrick. Had a list of about $6500. Someone did eventually buy it, probably for about $4000 to $4500.
It sounded and felt fantastic. Really. The buyer must have been pleased. But even if I had the money to spare, I just can't see paying that much.