It has been even worse in Europe.
Bought mine close to $1200, sold it for around $950 (equivalent) and mind you, it was mint, with the original footswitch (without scratches).
I hard a hard time selling it, since it's a relatively unknown brand for the masses.
Certain brands fetch little money here, especially when it comes to the full size tube heads (80-150W), since a lot of folks -myself included- are looking to downsize, and find that perfect match of tone and portability.
Aside from my teenage days in a death metal band, I'd never gig with a 1x12 (combo), mind you, but a beefy sounding 2x12 is currently my go-to for most gigs.
Anyway, if you can sell it for $1200-1300, consider yourself lucky, is what I'm saying. ;-)
You'd recon it *does* deserve more, but the market's shifting...