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Do you need advice from a financial perspective? I think @musicman100 is a Gretsch man.
or is it purely financials? - if so, the whole financial thing sort of goes out the window in a way with trades to certain extent as its more to do with what both parties want i.e - do you need an AVRI Tele and does your friend need a Clipper?
AVRI's are great guitars. Seems like a good deal to me. If you're fed up of the Gretsch tone, and the AVRI speaks to you, then do the deal.
In top orginal condition it wouldn't be worth any more than the AVRI TELE but then you say yours has been modded/messed with so that will devalue it as well.
The AVRI tele is a lot more desirable guitar and therefore easier to sell in the futureh.
The choice is yours as I can only give you honest opinion.
But the gretsch clipper is never going to be a valuable vintage guitar.
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