ANSWERS: 1
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As a luthier, I can tell you that this can sometimes be repaired. You may not need a new neck. If you do, Warmoth sells necks starting at around $150, labor will be much more than that. I would suggest consulting a professional in your area to see what actual costs will be for your guitar. If the guitar isn't truly worth it, (old doesn't mean valuable) it may not even warrant repair.
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