1980- I had $1000 in my pocket to buy my first acoustic. I was all set to pull the trigger on a Martin that would have eaten my entire $1k. Then the shop keeper/luthier comes out of the back and asks me if he can help me. After a short conversation he brings out this used, 1974 Alvarez Yairi DY-77 that he had been working on. I took it in the back room with the Martin and there was no contest. I liked the sound better than the Martin and played every bit as well (love the soft V neck). I asked him how much, and he said, with OHSC $175! It wasn't a matter of money.
Today this guitar is officially my daughter's. I wouldn't be surprised if one day she didn't hand it down to a grandchild. I don't think it will ever leave the family before both of us are gone.