Gibson went bankrupt?

Re: Gibson went bankrupt?

'the prices they charge'

are just like every other American guitar company

highway 1 telecaster = $699
faded SG special = $699

les paul studio = $1350
USA standard strat = $1250

2008 Les Paul Standard = $2200
Any nice 'artist-series' MIA Fender = $2200 AT LEAST

custom shop kick-ass gibson = $3500
custom shop relic Fender = $3000 at least

this doesn't even go into used prices. my SG-X was like $600 and i've seen SG Standards (technically 'better' guitars) go for less than that in mint condition.

A faded Gibson or highway 1 is at least as nice as any $600 Chinese import guitar...and every single guitar company has their $6000 collector's guitars...Gibson does 'em for blues and rock guys, ESP does 'em for metal guys...

Xander, this has been stated by dozens of people in at least as many thread in almost as many years.... unfortunately people that actually know something about what they´re talking about almost universally waste their breath, and I don´t think this time will be any different... Joe Average´s perception of price and value seldom has anything to do with actual item pricing and quality ;)

Still, thanks for saying it :beerchug:
 
Re: Gibson went bankrupt?

Xander, this has been stated by dozens of people in at least as many thread in almost as many years.... unfortunately people that actually know something about what they´re talking about almost universally waste their breath, and I don´t think this time will be any different... Joe Average´s perception of price and value seldom has anything to do with actual item pricing and quality ;)

Still, thanks for saying it :beerchug:

Haha it's my JOB to waste my breath about guitars Zerb! This is what i do!

The other day at the shop this guy was playing PRS and Telecasters but it was all Jimmy Page riffs...i asked him why he wasn't looking at Les Pauls and he said "They always sound cheap to me....but then i've only really played Epiphones and cheap ones..."

You shoulda seen the look on his face when i handed him the flawless 12-pound 68 Triburst Custom. It was like he saw the light.
 
Re: Gibson went bankrupt?

The Zoot Suit is not a stupid idea. It IS a straightforward guitar worth the money. It's like a thousand bucks and it's a real Gibson that is impossible to warp or break the neck on -- meaning it's gonna last these next 50 years AT LEAST...

I seriously doubt they are pressing the birch-ply laminate themselves.

It's really funny to talk **** on Gibson for their price points, when Fender needlessly raised their prices 20% across the board last year and PRS only start getting good around the $2000 mark.

It's just a business...it costs money to build guitars and it costs more money the bigger your company is...everybody in the country is on hard times right now, and GGC is one of them...but to wish or hope that they go bankrupt or out of business means you want to see one of America's oldest and most respected companies fail and all their employees without jobs. Why? Just cuz you can't afford a $6000 limited edition collector's reissue?

Please. If you don't like their guitars, that's one thing, but until you've run your own successful guitar manufacturing business i don't really think you have any experience to say what things should cost or how they should do business.

I think Gibson does a good job of doing what they're known for (the vintage-correct guitars) while still trying to innovate and improve the guitar game. A lot of people talked crap on the Robot tuners without even trying them...I've spent a lot of time with the ones at my shop and it is a **** COOL system to have on a guitar...it works really well and makes PLAYING easier because you're not constantly checking your tuning...

Same with the Zoot Suits...they directly addressed one of the biggest problems EVERY guitar manufacturer has...warped or damaged necks...then they took a lead from Martin and tried using birch-ply laminate. The guitars sound and feel great and are pretty much indestructible...if a small independant company like Composite Electrics had made it, y'all would've thought it was this hip new idea but Gibson did it so it's stupid and destined to fail.

Guess that's why all the Robots at my shop sold out in less than a week and we can't even keep Zoot Suits in stock because young kids who down-tune love the fact that they can't bend the neck on 'em.

After a year at that shop, i've seen probably 50 Gibsons come and go through my doors. I've sold three Paul Reed Smiths and still have the same 6 plastic-wrapped no-tone $3,600 chunks of mahagony on the wall that were there when i dropped off my application. I spend at least nine hours a day, every day, in a place with hundreds of guitars, and the Gibsons from the custom shop are almost always the best-built and best-sounding in the building.

If we lost Gibson, we'd be losing a huge part of guitar culture in general.

'the prices they charge'

are just like every other American guitar company

highway 1 telecaster = $699
faded SG special = $699

les paul studio = $1350
USA standard strat = $1250

2008 Les Paul Standard = $2200
Any nice 'artist-series' MIA Fender = $2200 AT LEAST

custom shop kick-ass gibson = $3500
custom shop relic Fender = $3000 at least

this doesn't even go into used prices. my SG-X was like $600 and i've seen SG Standards (technically 'better' guitars) go for less than that in mint condition.

A faded Gibson or highway 1 is at least as nice as any $600 Chinese import guitar...and every single guitar company has their $6000 collector's guitars...Gibson does 'em for blues and rock guys, ESP does 'em for metal guys...



Hell yeah X 1,000,000!!!!!

In the store I work at we sell about 4 Gibsons to 1 Fender and 15 Gibsons to 1 PRS
 
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Re: Gibson went bankrupt?

They're making money. In a tough ecomony, most people won't buy frivolous things, BUT the people who are really doing well, with lots of expendable cash will.

How they make the amount of cash that keeps the profits at a certain level, is to charge more for each guitar, cause they're going to sell a certain amount anyway, but probably not any more than that. To lower the price to try and entice people with minimal money to spend would be suicide.
 
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Re: Gibson went bankrupt?

the ironic thing about that is that i'm seeing way more people save up and spend their hard-earned money on a really nice piece rather than half-assing it with a substitute...i mean you still see kids whose parents simply can not budget more than a couple of hundred bucks but most of the serious players and guitarists i talk to at the shop are saving up for that dream axe rather than lookin for a cheap alternative.
 
Re: Gibson went bankrupt?

It's just a business...it costs money to build guitars and it costs more money the bigger your company is.

As someone who's spent the last 30 years in accounting management in a variety of companies, let me assure you that the bigger the company is, the less expensive it is for them to make their products. Unit prices go down as economies of scale kick in; you're covering the same fixed costs with more units. Plus you buy in quatity and get better pricing, along with lower shipping costs. You can afford to sell the same things cheaper than the little guys. You might have forgotten this stuff from college.

Some guitar companies pricing strategy is based more on what image & niche they want, then their actual manufacturing costs. In Gibson's case, it's a loose connection at best.
 
Re: Gibson went bankrupt?

the ironic thing about that is that i'm seeing way more people save up and spend their hard-earned money on a really nice piece rather than half-assing it with a substitute...i mean you still see kids whose parents simply can not budget more than a couple of hundred bucks but most of the serious players and guitarists i talk to at the shop are saving up for that dream axe rather than lookin for a cheap alternative.

Yeah, that's the idea. All the companies raised their prices to keep afloat with a finite number of axes being sold. In a booming economy, they lower prices to move more guitars, but that won't work these days.
 
Re: Gibson went bankrupt?

On guitar forums it usually means: More than I can afford between right now and next month and I refuse to save up :laugh2:
 
Re: Gibson went bankrupt?

Overpriced - when someone else is completely willing to make/do the same thing for less.

Lots of companies make Gibson copies or similar guitar. Lots of them play better. IMO very few sound better (going for the same sound of course) that cost less.
 
Re: Gibson went bankrupt?

Overpriced - when someone else is completely willing to make/do the same thing for less.

Lots of companies make Gibson copies or similar guitar. Lots of them play better. IMO very few sound better (going for the same sound of course) that cost less.

How many of these companies are in the USA and will build the exact same thing just with a different headstock? The only one I can think of with any bearing on the market is Heritage, and one can´t really say they´re cheaper... and some minute detail still feels wrong when I play them in a blind test....

Halfassed copies and cheaper foreign production just don´t count because one doesn´t sound right and the other skews the price point ;)
 
Re: Gibson went bankrupt?

I think that most of the lower end Gibsons are priced "correctly", including Explorer and V.

However, the LP Standard in particular, which is swiss-cheesed at least (traditional) or chambered for no other reason than they saving the cool wood for better guitars and the nasty Nashville bridge with metal anchors is definitely not in the same class as a Fender Custom Shop Strat.

A Custom Shop Strat does get more attention from the builders and it has the "best" of everything, wood, paint, hardware.

I don't argue that a R8 and related toys are better than regular Fender CS Strats, but the LP Standard is definitely below either.

The LP Std could be upgraded to "flawless" by Gibson, and probably without any cost to themselves (except they would be heavier), but then it would eat into their historic market. As is, the thing is held down quality-wise but priced as if it wasn't.

The SG Std and even more so the SG 61 reissue are also clearly overpriced. It's that middle segment where Gibson seems to want to gain the extra cash from those who must have the "Gibson" tagline on the headplate.
 
Re: Gibson went bankrupt?

Until there's a press release saying that, I call B.S.

Just like how there was a rumor that Peavey bought Gibson.

Oh the magic of the internet...
 
Re: Gibson went bankrupt?

^ Hey did you hear Stedman walked out on Orpah again??


Just remember, buy USA! Keep our own economy going! Screw the Japanese/Chinese/Koreans and their cheap copies!
 
Re: Gibson went bankrupt?

Gibson will be around forever.

Earth to ksmith: We just watched what was once the world's largest corporation, crawl on it's knees begging the government for money to keep them from going under. Gibson at their peak had nowhere near the financial strength or security GM once had, and they certainly wouldn't get any bail out money. Don't kid yourself that Gibson couldn't go belly up & be a thing of the past. If they get into cash flow trouble (as many companies have these days), the vast majority of the public would rather let them go under than give them public assitance. They're producing luxury items, not necessities; that's highly expendable.
 
Re: Gibson went bankrupt?

Haven't heard anything and while I personally don't care for the brand I certainly wouldn't like all those people losing their jobs.

And, like many stated, even if the corporate entity behind Gibson were to go belly up the brand has too much value to go quietly into the night.

The fact is that Gibson the brand will remain even if it changes hands a dozen times over.
 
Re: Gibson went bankrupt?

If there were big money troubles, my guess is that they would sell off some of the brands they own (valley arts, oberheim, kramer, steinberger) before they would actually go under. then, i bet Fender would buy them just like they bought Kaman (ovation, hamer, takamine).
 
Re: Gibson went bankrupt?

you have a good point Empty Pockets.

i gotta say though, a highway 1 tele seems like more guitar than an SG faded.

i play an sg faded all the time, my bud has one, and i almost laid down the cash for one.

dont get me wrong, i love my epi 333 and gibson V.

i just think gibson is a tad too expensive.

like they said, **** it, were gibson. we might lose some sales but a group of the population will always buy.


and as for prs, yeah theyre ****ing expensive, but tell me it isnt a fine guitar.
 
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