L
Little Pigbacon
Guest
Re: The value of modern guitars in 50 years?
She.
She.
The value of modern guitars in 50 years?
- Thread starter Mr 9finger
- Start date
L
Little Pigbacon
Guest
Re: The value of modern guitars in 50 years?
Said.
Said.
F
Funkfingers
Guest
Re: The value of modern guitars in 50 years?
She said,
I know what it's like to be dead.
She said,
I know what it's like to be dead.
Powdered Toast Man
New member
Re: The value of modern guitars in 50 years?
Here's the thing: People talk like EVERY guitar out of the 50's and 60's is worth a lot of money. They're not. The only ones commanding the major prices are the Strats, Teles, and Les Pauls. All of the other offbeat guitars have not appreciated nearly as much, despite coming out of the same factories and made by the same craftsmen. Look up vintage Mustangs, Duo-Sonics, Jazzmasters, Jaguars, Musicmasters, Melody Makers, and other less popular models. You can still get an early 60's Duo-Sonic for under $1500.
And those are just the Fender and Gibson guitars. How about all the off-brand stuff like Kay, Harmony, Hofner and others? I've seen those other vintage makes going for under $500.
So it really depends on supply and demand and much less than perceived quality. 50 years from now if everyone wants a Telecaster and there are very few Teles from the 00's still around, then maybe they'll appreciate in value. Just look at 1970's Fender guitars. There was a time just 15 years ago when they were all widely known as garbage. Now they're up in the thousands because of supply and demand.
Here's the thing: People talk like EVERY guitar out of the 50's and 60's is worth a lot of money. They're not. The only ones commanding the major prices are the Strats, Teles, and Les Pauls. All of the other offbeat guitars have not appreciated nearly as much, despite coming out of the same factories and made by the same craftsmen. Look up vintage Mustangs, Duo-Sonics, Jazzmasters, Jaguars, Musicmasters, Melody Makers, and other less popular models. You can still get an early 60's Duo-Sonic for under $1500.
And those are just the Fender and Gibson guitars. How about all the off-brand stuff like Kay, Harmony, Hofner and others? I've seen those other vintage makes going for under $500.
So it really depends on supply and demand and much less than perceived quality. 50 years from now if everyone wants a Telecaster and there are very few Teles from the 00's still around, then maybe they'll appreciate in value. Just look at 1970's Fender guitars. There was a time just 15 years ago when they were all widely known as garbage. Now they're up in the thousands because of supply and demand.
Myaccount876
Amira-Maker
Re: The value of modern guitars in 50 years?
I see Gibson SGs to be a possible profit, but I'm not sure about that, nor do I really care. I buy guitars I like to keep.
I see Gibson SGs to be a possible profit, but I'm not sure about that, nor do I really care. I buy guitars I like to keep.
Securb
One of Jerry's Kids
Re: The value of modern guitars in 50 years?
I prefer my Silverface 72 Quad Reverb over almost any other amp I have played and I have played a lot of amps. Almost every rock album in the 70s were recorded with Silverface Twins no matter what amps the band used on stage. The amp is a workhorse and a classic especially when being compared to the Twins of today.
Seeing I paid $350 used and they are going for $700 - $1000 on Ebay I think I made a pretty good investment.
I prefer my Silverface 72 Quad Reverb over almost any other amp I have played and I have played a lot of amps. Almost every rock album in the 70s were recorded with Silverface Twins no matter what amps the band used on stage. The amp is a workhorse and a classic especially when being compared to the Twins of today.
Seeing I paid $350 used and they are going for $700 - $1000 on Ebay I think I made a pretty good investment.
crusty philtrum
Vintageologist
Re: The value of modern guitars in 50 years?
One of the biggest problems Fender, Gibson and Martin have had is that their early models compete with the sales of their new items, and of course many of the old units end up costing a lot more than the comparable new versions. It seems to me that they have been addressing that by having so many limited-run variations on the themes that very little of their newer stuff will increase in value in the way that their guitars from the '50s and '60s have.
Can you imagine just how hard it will be to veryify exactly what guitar is worth what money in the future ? Music stores would have to keep a massive set of records on all the variations of Strats, LPs, D28s etc, and every time someone wants to ascertain the value of an instrument, it will be a long and tedious task trying to sift through the records to determine exactly which instrument it is and what it's worth might be.
Yup, it's my view that the big guys have deliberately clouded the waters by having so many variations of each model now, specifically to stop today's instruments from attaining the stellar prices that 40+ year-old instruments now fetch.
One of the biggest problems Fender, Gibson and Martin have had is that their early models compete with the sales of their new items, and of course many of the old units end up costing a lot more than the comparable new versions. It seems to me that they have been addressing that by having so many limited-run variations on the themes that very little of their newer stuff will increase in value in the way that their guitars from the '50s and '60s have.
Can you imagine just how hard it will be to veryify exactly what guitar is worth what money in the future ? Music stores would have to keep a massive set of records on all the variations of Strats, LPs, D28s etc, and every time someone wants to ascertain the value of an instrument, it will be a long and tedious task trying to sift through the records to determine exactly which instrument it is and what it's worth might be.
Yup, it's my view that the big guys have deliberately clouded the waters by having so many variations of each model now, specifically to stop today's instruments from attaining the stellar prices that 40+ year-old instruments now fetch.
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Mr 9finger
Digitally Challenged
Re: The value of modern guitars in 50 years?
I think some of you misunderstood me. I don't buy any kind of musical equipment really as an investment. That's like spending 75% of your paycheck on the lottery and hoping you picked the right numbers 50 years from now. You just don't know which is going to be the in thing and what will be landfill fodder. With the rate of deforestation going on around the planet, in could be that any instrument made of wood might be a huge collectible in the future.
In all seriousness, we could all be chilling in our wheel chairs sucking on oxygen tanks wondering how an Agile is bringing enough cash to buy a house. "I remember back when I was a young metal head and metal maniac said all those guitars were shee it." "You know when you still had to type words on things called forums on the internet".
I think some of you misunderstood me. I don't buy any kind of musical equipment really as an investment. That's like spending 75% of your paycheck on the lottery and hoping you picked the right numbers 50 years from now. You just don't know which is going to be the in thing and what will be landfill fodder. With the rate of deforestation going on around the planet, in could be that any instrument made of wood might be a huge collectible in the future.
In all seriousness, we could all be chilling in our wheel chairs sucking on oxygen tanks wondering how an Agile is bringing enough cash to buy a house. "I remember back when I was a young metal head and metal maniac said all those guitars were shee it." "You know when you still had to type words on things called forums on the internet".
the guy who invented fire
Fuzzy. Guitars
Re: The value of modern guitars in 50 years?
I laugh my ass off when I see folks talking about some kind of limited edition, special run or limited production guitar with the implication that in 30 or 40 or 50 years it'll be worth a pot full of money.
First rule of things that are collectible is that if it's made to be collected it's not really collectible!
The reason that a 50's LP is worth what they cost is because they are very rare...Gibson built less than 1800 from late 57 until early 61...they build that many 58 reissues alone and then some.
There are a few...a VERY few new (or fairly new) pieces of gear tat have gone up in value enough to even be in the same ball park as classic pieces folks shell out big bucks for and there will be a very few more over the next 50+ years.
I laugh my ass off when I see folks talking about some kind of limited edition, special run or limited production guitar with the implication that in 30 or 40 or 50 years it'll be worth a pot full of money.
First rule of things that are collectible is that if it's made to be collected it's not really collectible!
The reason that a 50's LP is worth what they cost is because they are very rare...Gibson built less than 1800 from late 57 until early 61...they build that many 58 reissues alone and then some.
There are a few...a VERY few new (or fairly new) pieces of gear tat have gone up in value enough to even be in the same ball park as classic pieces folks shell out big bucks for and there will be a very few more over the next 50+ years.
L
Little Pigbacon
Guest
Re: The value of modern guitars in 50 years?
"Limited Edition = Limited to as many as we can sell."
- a guy who used to have a TV show or something
"Limited Edition = Limited to as many as we can sell."
- a guy who used to have a TV show or something
Securb
One of Jerry's Kids
Re: The value of modern guitars in 50 years?
I have the honor of owning one 40 year old guitar, my 1973 Ovation Deacon 12 String. The six-string models are becoming more-and-more rare, the 12 strings are almost impossible to find. It sounds and plays like a dream. Balls on straight graphite neck, fantastic active electronics. I think these guitars listed for around $400 dollars and I was offered $2600 for mine 10 years ago.
That being said I don't buy guitars to flip them, all of my guitars are players. However, I would never gig with the Ovation. If it got ripped off I would be inconsolable. It will be interesting to see what happens to the value of my Gibson Les Paul Traditional Pro now that Gibson has discontinued the Iced Tea finish on that model. I will be dead and buried before that guitar reaches the legend and value of a '59 if it ever does.
I have the honor of owning one 40 year old guitar, my 1973 Ovation Deacon 12 String. The six-string models are becoming more-and-more rare, the 12 strings are almost impossible to find. It sounds and plays like a dream. Balls on straight graphite neck, fantastic active electronics. I think these guitars listed for around $400 dollars and I was offered $2600 for mine 10 years ago.
That being said I don't buy guitars to flip them, all of my guitars are players. However, I would never gig with the Ovation. If it got ripped off I would be inconsolable. It will be interesting to see what happens to the value of my Gibson Les Paul Traditional Pro now that Gibson has discontinued the Iced Tea finish on that model. I will be dead and buried before that guitar reaches the legend and value of a '59 if it ever does.
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blueman335
Mojo's Minions
Re: The value of modern guitars in 50 years?
+1. I hadn't thought of that, but you're right. With all the countless models/model changes/limited editions/reissues being made over the last several decades, how the hell can anyone keep up with them in the future? Manufacturers are always wanting to introduce something new every year to goose sales, and after a while no one knows what's going on. There's so many more guitars being made now than there were in the 1950's & 60's. What's going to stand out and get players willing to pay a premium? Precious few. Why pay 5 or 10 times more for one, when you can get an almost identical one much cheaper?
+1. I hadn't thought of that, but you're right. With all the countless models/model changes/limited editions/reissues being made over the last several decades, how the hell can anyone keep up with them in the future? Manufacturers are always wanting to introduce something new every year to goose sales, and after a while no one knows what's going on. There's so many more guitars being made now than there were in the 1950's & 60's. What's going to stand out and get players willing to pay a premium? Precious few. Why pay 5 or 10 times more for one, when you can get an almost identical one much cheaper?
blueman335
Mojo's Minions
Re: The value of modern guitars in 50 years?
Another +1. Old doesn't necessarily mean good, or desirable.
Another +1. Old doesn't necessarily mean good, or desirable.
astrozombie
KatyPerryologist
Re: The value of modern guitars in 50 years?
Every time I hear someone say something negative about silverface amps I picture the beatles playing them on the rooftop.
Every time I hear someone say something negative about silverface amps I picture the beatles playing them on the rooftop.
Securb
One of Jerry's Kids
Re: The value of modern guitars in 50 years?
Jack White, Kurt Cobain, Ted Nugent, Steve Kudlow...the list goes on and on.
Jack White, Kurt Cobain, Ted Nugent, Steve Kudlow...the list goes on and on.
BTMN
LifeIsGoodologist
Re: The value of modern guitars in 50 years?
Just to get back on some modern guitars. I have seen a 35 year old Hamer selling for $5000 with others up to almost $10,000. IIRC Martin Barre's '1976ish Hamer very early Standard sold for about $10,000 a few years back. Yet The Pretenders guitarist James Honeyman-Scott's Standard has not sold at that pricing level when offered a number of times. Without pedigree these guitars go from $3000 and up to $7500 I seen for a low number White one go for on Evilbay last year.....
Just to get back on some modern guitars. I have seen a 35 year old Hamer selling for $5000 with others up to almost $10,000. IIRC Martin Barre's '1976ish Hamer very early Standard sold for about $10,000 a few years back. Yet The Pretenders guitarist James Honeyman-Scott's Standard has not sold at that pricing level when offered a number of times. Without pedigree these guitars go from $3000 and up to $7500 I seen for a low number White one go for on Evilbay last year.....
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BEACHBUM
New member
Re: The value of modern guitars in 50 years?
Never say never. The real question is, what will the world be like in 50 years? If someone would have told me back in the 60's that Gibson and Fender would someday be selling far more guitars made in Mexico, Korea, Indonesia, and China than guitars made in America I would have laughed in their face. If someone would have told me back then that a 50's Telecaster, which was nothing all that special at the time, would become worth more than my Dad payed for our house I would have written them off as some kind of nut case who had taken one too many acid trips. For all we know the supply of tone woods could well dwindle to non existent over the next half century. For all we know Gibson and Fender could dwindle to nothing as well. Will American made guitars be worth a lot of money after the total collapse of the U.S. economy and the demise of the entire American guitar industry? Will the population of the world double or triple to the point that the demand for what we think of as a flood of mass produced guitars now seems like a shortage of quality vintage instruments? Once the total government ban on all tone woods takes effect in the year 2063 will new guitars made in Cambodia be available with Doug Fir bodies and futuristic plastic necks only? Sounds crazy? Who knows? Anything's possible. And, no, I've never dropped acid.
Never say never. The real question is, what will the world be like in 50 years? If someone would have told me back in the 60's that Gibson and Fender would someday be selling far more guitars made in Mexico, Korea, Indonesia, and China than guitars made in America I would have laughed in their face. If someone would have told me back then that a 50's Telecaster, which was nothing all that special at the time, would become worth more than my Dad payed for our house I would have written them off as some kind of nut case who had taken one too many acid trips. For all we know the supply of tone woods could well dwindle to non existent over the next half century. For all we know Gibson and Fender could dwindle to nothing as well. Will American made guitars be worth a lot of money after the total collapse of the U.S. economy and the demise of the entire American guitar industry? Will the population of the world double or triple to the point that the demand for what we think of as a flood of mass produced guitars now seems like a shortage of quality vintage instruments? Once the total government ban on all tone woods takes effect in the year 2063 will new guitars made in Cambodia be available with Doug Fir bodies and futuristic plastic necks only? Sounds crazy? Who knows? Anything's possible. And, no, I've never dropped acid.
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BluesDisciple
New member
Re: The value of modern guitars in 50 years?
When someone comes up with a crystal ball that sees into the future, then I can answer this question. We just won't know, until we get there, huh? Everything I have may be worthless junk, or it could accrue value. You never know until the market has come to bear on the commodity. Beachbum has it down, all right.
When someone comes up with a crystal ball that sees into the future, then I can answer this question. We just won't know, until we get there, huh? Everything I have may be worthless junk, or it could accrue value. You never know until the market has come to bear on the commodity. Beachbum has it down, all right.
SongsForTheDeaf
New member
Re: The value of modern guitars in 50 years?
I feel like the classic vibe Squiers will go up in price so i'm hanging on to mine
I feel like the classic vibe Squiers will go up in price so i'm hanging on to mine