Members Bbreaker Posted April 7, 2010 Members Share Posted April 7, 2010 It's a buyers market.58; 59 & 60 LP Stds are not valued like they were 5 years ago.They're still expensive.You still need to have more cash than the regular guy.If you paid market value for a vintage guitar 5 years ago, you'd be hard pressed to make a profit.My advice is patience.All of my true vintage guitars were bought years before things really got out of hand.My '56 Jr was valued at $400.00 when I acquired it. My '62 SG/LP Jr was $325.00. '71 Gold Top LP w/wrap around tailpiece was a fortune back around 1990 at $750.00. Oh yeah, I paid less than $800.00 for my not yet vintage Gibson Lonnie Mack Flying V back in 1994. It should be worth more than most Lonnie Mack V's because it was the first one made from the original batch of 188.Patience and remember buy low....sell high. If you have the money and you want to buy guitars, my advice is to buy entry level vintage gear at todays right price. Buy used boutique gear if you're a player. Link to comment Share on other sites More sharing options...
Members scottgd Posted April 7, 2010 Members Share Posted April 7, 2010 I paid $4,700 my 1961 LP Jr as a gigging instrument. It's the second most expensive thing I own behind my car and I sometimes wonder about how wise it was to purchase that guitar (sold 6 others to pay for it), but then I pick it up and strum it and it's all okay. I was speaking more about the $xx,xxx,xx and $xxx,xxx.xx priced guitars. Few of the people that are buying the holy grail Les Pauls are buying them to play them. Link to comment Share on other sites More sharing options...
Members Bbreaker Posted April 7, 2010 Members Share Posted April 7, 2010 I have less than $1750.00 invested in all of these......... Link to comment Share on other sites More sharing options...
Members Bbreaker Posted April 7, 2010 Members Share Posted April 7, 2010 You can find some 50's Juniors around $5k these days.They're probably a better buy than some relic'd bull{censored} that you'll spend $5k on. Link to comment Share on other sites More sharing options...
Members Bbreaker Posted April 7, 2010 Members Share Posted April 7, 2010 The 94 Lonnie Mack V is over 15 years old. Some would consider it vintage (I wouldn't) I paid $3,500 for that guitar back in 2007. They were $5,000 back then. I thought I got the deal of a lifetime, now those guitars are worth about $3,000 If you would have bought that Lonnie Mack in 1994, you would have paid a lot less and make a profit today. $3500.00 deal of a lifetime?What would you consider less than $800.00 new for the first one made? Timing, patience, luck. Link to comment Share on other sites More sharing options...
Members Alecto Posted April 7, 2010 Members Share Posted April 7, 2010 If you have the money and you want to buy guitars, my advice is to buy entry level vintage gear at todays right price. Buy used boutique gear if you're a player. What if you can't decide? Link to comment Share on other sites More sharing options...
Members guitarmandp Posted April 7, 2010 Author Members Share Posted April 7, 2010 If you would have bought that Lonnie Mack in 1994, you would have paid a lot less and make a profit today.$3500.00 deal of a lifetime?What would you consider less than $800.00 new for the first one made?Timing, patience, luck. Having the first one made does not increase the value. Wildwood has an R9 with serial number 9 0001 and nobody has bought it. The cool serial # obviously hasn't had any impact on the value. http://wildwoodguitars.com/electrics/gibson/historic_les_paul/90001/90001.php $3,500 for a Lonnie Mack Flying V was a good deal in 2007 but not a good deal in 2010 Link to comment Share on other sites More sharing options...
Members guitarmandp Posted April 7, 2010 Author Members Share Posted April 7, 2010 You can find some 50's Juniors around $5k these days. They're probably a better buy than some relic'd bull{censored} that you'll spend $5k on. It depends what the relic'd guitar is. My Gary Rossington Murphy aged Les Paul was a $10,000 guitar a few years ago. Now it's probably worth $7,000. Link to comment Share on other sites More sharing options...
Members paul44 Posted April 7, 2010 Members Share Posted April 7, 2010 Real players don't care about the the resale value of their gear.Buying a guitar as an investment and then having a pissing contest about who's gained and lost the most baffles me. Link to comment Share on other sites More sharing options...
Members guitarmandp Posted April 7, 2010 Author Members Share Posted April 7, 2010 Real players don't care about the the resale value of their gear.Buying a guitar as an investment and then having a pissing contest about who's gained and lost the most baffles me. I'm not a "real player" nor do I care to be Link to comment Share on other sites More sharing options...
Members Bbreaker Posted April 7, 2010 Members Share Posted April 7, 2010 Having the first one made does not increase the value. Wildwood has an R9 with serial number 9 0001 and nobody has bought it. The cool serial # obviously hasn't had any impact on the value.http://wildwoodguitars.com/electrics/gibson/historic_les_paul/90001/90001.php$3,500 for a Lonnie Mack Flying V was a good deal in 2007 but not a good deal in 2010 Maybe the R9 is a POS. It IS possible.I remember playing a real 1960 burst and being very unimpressed.I've had serious offers for my LM ($8K)In this case, having # 1 does increase value. http://www.rumbleseatmusic.com/guitar%20pic%20pages/94GibsonflyingVLMmint.html Link to comment Share on other sites More sharing options...
Members guitarmandp Posted April 7, 2010 Author Members Share Posted April 7, 2010 Maybe the R9 is a POS. It IS possible.I remember playing a real 1960 burst and being very unimpressed.I've had serious offers for my LM ($8K)In this case, having # 1 does increase value.http://www.rumbleseatmusic.com/guitar%20pic%20pages/94GibsonflyingVLMmint.html Does your even have serial # 001? I would be shocked if you could get $8,000 in 2010. My Lonnie Mack V isn't for sale right now but if somebody wants to offer me $8K for mine, I would sell it in a heartbeat. Link to comment Share on other sites More sharing options...
Members vcnyls Posted April 7, 2010 Members Share Posted April 7, 2010 Link to comment Share on other sites More sharing options...
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