Why so many linn lp12s for sale

Because its ancient history!!

Yawn.

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The LP12 has had its day. I had a couple over a 20 year period. It does need regular attention which is not difficult if you know what to do.
IMO it is now outclassed by better designs.

Dctom states: "The LP12 has had its day. I had a couple over a 20 year period. It does need regular attention which is not difficult if you know what to do.
IMO it is now outclassed by better designs."

Which tells me that Dctom hasn't recently heard a top shelf LP12. Plus, LP12's don't need "regular attention"- if they are set-up correctly in the first place.
I think what Moonglum said about the number sold holds a lot of truth as well.
IMHO, a top shelf LP12 is still highly competitive with the best out there.

$1500 will buy you a very nice sounding used LP12 with a valhala power supply, cirkus bearing and Ittok LVII tonearm. It will provide many years of vinyl enjoyment.