Members this is paul Posted December 17, 2012 Members Share Posted December 17, 2012 Originally Posted by Marc G I'm really glad I got my Midtown P90 but to be honest was really lusting after the Midtown Custom..... if that goes on sale for a stupid low price I'm going to be in trouble... The SamAsh here had them for $999 on Black Friday. They sold them all that day though Link to comment Share on other sites More sharing options...
Members Marc G Posted December 17, 2012 Members Share Posted December 17, 2012 Originally Posted by this is paul The SamAsh here had them for $999 on Black Friday. They sold them all that day though Damn.... I got my Midtown P90 for $799 from Sam Ash on the day before Thanksgiving.... I asked and they said they were not getting the standards or customs at that location.... oh well... I'm still reallllly digging the P90s though. Link to comment Share on other sites More sharing options...
Members chrisjnyc Posted December 17, 2012 Members Share Posted December 17, 2012 Originally Posted by Steadfastly I think Gibson had to drop the price on their guitars. There is just too much good competition out there for them to try and compete at prices two, three and more times what the competition were selling similar and better products for. With the internet making comparisons a lot easier these days, Gibson's bubble was due to bust sooner or later. It appears their financial stability is not very good at the moment so they need some cash. It looks like the bubble has burst. I hear what you are saying, but I don't think its correct. Gibson isn't competing with the low end import market... Epiphone is. Gibson is selling off the models which did not do well this year. Same thing every store does at the end of the year. I don't know Gibsons financials, but I would guess they are doing OK. Are they closing any plants? Are they not building any new guitars... Link to comment Share on other sites More sharing options...
Members JVH Posted December 17, 2012 Members Share Posted December 17, 2012 Poor Economy! I've never heard of Gibson dropping prices like this before. The funny thing about these companies is that they operate in the red, but still get loan extensions with the hopes of one day making money. Usually, if they do go out of business the execs or whoever will suck it dry and leave investors without a return. Guitar center and fender are the ones who should be giving stuff away, but they aren't. Link to comment Share on other sites More sharing options...
Members GAS Man Posted December 18, 2012 Members Share Posted December 18, 2012 ^^ usually "operating in the red" can still generate a decent return as long as the company still cash flows. In other words, GAAP accounting can be misleading if you're looking at the bottom line. Investors kick in and hopefully a lot of that goes to capital expenditures which are then depreciated. If you back out depreciation (which is a huge but often mythical expense) and some amortized costs and it's still in the red, then it's only a matter of time until the doors close. But yeah, cash flow is king. It's like in the health industry where the hospitals say "we're not making money". Yeah, right . That's because they're depreciating those cathedrals they build to exult their practice. Link to comment Share on other sites More sharing options...
Members strtdv Posted December 18, 2012 Members Share Posted December 18, 2012 Part of the reason is that they're probably shifting some end-of-line guitars. The new 2013 SG standard is very different to the 2012 model, and looks great.The other thing is that it looks like Gibson have got decent supplies of rosewood again for fretboards, so will probably be looking to shift the guitars that they built using either baked maple or katalox. I know that given the option side by side I'd be picking rosewood every time.Also makes their figures for the year look good in terms of units sold and cash flow. Link to comment Share on other sites More sharing options...
Members Deadbeat Son Posted December 21, 2012 Members Share Posted December 21, 2012 I agree, this is an amazing time to buy a Gibby. I just picked up one of these for $364: Link to comment Share on other sites More sharing options...
Members D-log Posted December 21, 2012 Members Share Posted December 21, 2012 I can't agree more. I got my first Gibson in November (les Paul Studio for $529) and I just picked up a Les Paul 60's Tribute for $455 and change. Not sure whether its the whole baked maple controversy or the economy, but these deals are ridiculous. Unfortunately, my bank account disagrees Link to comment Share on other sites More sharing options...
Members Into Nation Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by Deadbeat Son I agree, this is an amazing time to buy a Gibby. I just picked up one of these for $364: That's sick. How did you get it that cheap? New? Link to comment Share on other sites More sharing options...
Members Aristotle Posted December 21, 2012 Members Share Posted December 21, 2012 Are those LP Jr.s' any good? $500 sounds like a great deal. Does the Satin White come with an ebony board? Looks very dark. Made in Korea? Link to comment Share on other sites More sharing options...
Members esphil Posted December 21, 2012 Members Share Posted December 21, 2012 Thought I'd say it again but I freaking love my midtown in wine red. Link to comment Share on other sites More sharing options...
Members Deadbeat Son Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by Into Nation That's sick. How did you get it that cheap? New? New? Yes, floor model. And it was the only one at that price. Originally Posted by Aristotle Are those LP Jr.s' any good? Yes. Originally Posted by Aristotle $500 sounds like a great deal. It is. Originally Posted by Aristotle Does the Satin White come with an ebony board? Looks very dark. Supposedly, although possibly black obeche due to their recent wood issues. Originally Posted by Aristotle Made in Korea? No, Nashville, TN, USA. Link to comment Share on other sites More sharing options...
Members Aristotle Posted December 21, 2012 Members Share Posted December 21, 2012 A USA made Gibson for $500? But seriously, how is that obeche? I'm not a purist, but I don't want to be buying something that they're phasing out because it's terrible. Is it actually wood or something synthetic? How is it relative to Rosewood in feel and tone? Sorry for the noob questions, I don't buy guitar often and when I have in the past it's always been on the more high end side so I'm not too well versed in all these unique woods on the low-mid tier guitars. Link to comment Share on other sites More sharing options...
Members bjcarl Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by Aristotle Made in Korea? If it's a Gibson it's made in the USA. You'd be seriously hard-pressed to find a better guitar for under $500...that price is cheaper than most vintage Gibsons...even those from a time when the QC isn't what it is now... Link to comment Share on other sites More sharing options...
Members enroper Posted December 21, 2012 Members Share Posted December 21, 2012 Baked Maple. Thats the driver behind all of this. It was an abysmal failure, but I'm fine with it. Link to comment Share on other sites More sharing options...
Members Aristotle Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by Aristotle But seriously, how is that obeche? I'm not a purist, but I don't want to be buying something that they're phasing out because it's terrible. Is it actually wood or something synthetic? How is it relative to Rosewood in feel and tone? Well, sounds like I'm going to pass. http://www.advantagelumber.com/obeche.htm Extensively used where durability and strength are unimportant, such as drawer slides, interior rails, cabinet framing, model making, etc. Rotary cut into constructional veneer for plywood core stock purposes and as a backing veneer. Some logs sliced for decorative veneer. Link to comment Share on other sites More sharing options...
Members Hand Amputation Posted December 21, 2012 Members Share Posted December 21, 2012 Where can I get one of those white DCs? Link to comment Share on other sites More sharing options...
Members dres_x Posted December 21, 2012 Members Share Posted December 21, 2012 How's the QC lately? I've never been into Gibsons much after hearing about all the horror stories...but that pelham blue lp looks really amazing Link to comment Share on other sites More sharing options...
Members bjcarl Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by dres_x How's the QC lately? I've never been into Gibsons much after hearing about all the horror stories...but that pelham blue lp looks really amazing I've read some reviews on retail sites suggesting QC is hit-or-miss...I've bought 6 Gibsons over the past year(2 of them were used, with 2007 being the oldest) and I have had no problems at all or found any finishing flaws, etc. The "professional" reviews(guitar magazines/websites) that I've read support this. I'd say, if it's in your price range, give it a shot...if you buy in-store, you can check it out before hand, if you buy online, you can always return it if something's wrong, and if nothing's wrong but you decide it ain't for you, it should hold its value when/if you decide to sell it... Link to comment Share on other sites More sharing options...
Members jpnyc Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by dres_x How's the QC lately? I've never been into Gibsons much after hearing about all the horror stories...but that pelham blue lp looks really amazing It depends on how picky you are. Little flaws slip through, and the fretwork could still be better. But it Link to comment Share on other sites More sharing options...
Members IRG Posted December 21, 2012 Members Share Posted December 21, 2012 I think everyone seems to say "they've heard about bad QC at Gibson" but whenever anyone ever buys one, all I hear is how great the QC on this one seems to be. As if they got lucky and got the only good one. I think it's very likely that the QC at Gibson is quite good these days, with certain models once in a while being a little less than stellar perhaps, which almost always get's overblown, but by and large, when you buy a Gibson you're getting a good instrument. Link to comment Share on other sites More sharing options...
Members dres_x Posted December 21, 2012 Members Share Posted December 21, 2012 I see...I'll try to check some out at a local store...but they never have the sales going on online and they never price match :/ kinda sucks...Did any V's go on sale? None listed on the MF site Link to comment Share on other sites More sharing options...
Members dres_x Posted December 21, 2012 Members Share Posted December 21, 2012 I see...I'll try to check some out at a local store...but they never have the sales going on online and they never price match :/ kinda sucks...Did any V's go on sale? None listed on the MF site Link to comment Share on other sites More sharing options...
Members honeyiscool Posted December 21, 2012 Members Share Posted December 21, 2012 I love my new Gibson. And she was a hit at our last show. No baked maple on this beauty. Link to comment Share on other sites More sharing options...
Members jhorne Posted December 21, 2012 Members Share Posted December 21, 2012 Originally Posted by dres_x I see...I'll try to check some out at a local store...but they never have the sales going on online and they never price match :/ kinda sucks... Did any V's go on sale? None listed on the MF site Sam Ash had some Vs for $799. A friend of mine ended up with a music123 price match he decided not to use for $707, so I ended up with a Cherry V. I wouldn't worry too much about the QC stories. I've purchased 6 Gibsons (Trad Pro, Trad, Trad Plus, Deluxe, Standard, and V) during the blowouts and they've all be flawless. Link to comment Share on other sites More sharing options...
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