#61
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I'm confused...
why not, if you believe they are a good investment?
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"Use what talents you possess; the woods would be very silent if no birds sang except those that sang best." Henry Van Dyke "It is in the world of slow time that truth and art are found as one" Norman Maclean, |
#62
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Well, yes, but then we have to define the meaning of investment.
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Is there a life beyond the third fret?! |
#63
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I agree that you have to be very knowledgeable if you are purchasing for investment purposes. And as Jeff says, who knows if some of the very best builders will be recognized by purchasers in 20 years.
My limited but significant experience tells me that - out of sight, out of mind - could well apply. I didn't by the Walker as an investment. But I did buy the Nick Lucas Special, knowing that there is no doubt I will be able to sell if for more than I paid for it. I did do research on these guitars. The last one of these sold publicly sold for about $15K higher than what I paid. I got very lucky on it's condition, and it didn't have to work out that way. Best investment guitars are vintage. But the toughest to assess (what is original, what damage has been done) unless you are an expert are also vintage. I am also having a great time with it. I drag it along everywhere. The old vintage guitars are tough creatures. They don't scratch nearly as easily as modern guitars. I went to get my winter tires put on yesterday and took the gibson along, laid a thick blanket on the grass, and enjoyed. So I get to play an awesome guitar and know that I'm not gonig to lose money on it one day. But take care, with these vintage beasts there are a ton of risks before the guitar gets into your possession. As far as modern guitars go, I wouldn't bet on any as being a good investment. Stuart |
#64
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You can all rejoice, this will be my last post on this topic.
1. I am buying guitars NOW at a steep discount (not talking about the last 20 years). 2. I am buying quality american COMMODITY guitars in the 1-2k range. | am NOT buying Olsen-Ryan. (Every year will produce more and more spectacular custom guitar builders as it has in the past). 3. I am not expecting to make a million dollar score, I'm just hedging against inflation and expecting a 4% return. 4. I'm sticking with the most obvious guitars that have weathered the test of time, ie: 52 Tele RI, 62 Strat RI, Rickenbackers, etc. If these guitars go down in value over the next 20 years, It won't bother me one bit! 5. I suspect that building guitars in CALIFORNIA is going to become more expensive and the wholesale price will go UP. If you don't understand or like that reasoning, that's fine with me also. HAve A niCe dAy Last edited by Dwight; 11-08-2009 at 10:15 AM. |
#65
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I'll just like to say something about the group of people who would buy a 59 les paul for more than 100,000 dollars.
These people do not buy something for its intrinsic value (in this case, the ability to provide 100,00 dollars worth of guitar playing). They are very rich, and they buy to show off. They buy so that they can tell their rich friends that they have the most expensive guitar in the world, etc. It could be guitars today, boats tomorrow, coins the next day and bikes after that. They are impossible to predict. If anyone is hoping to generate the return on investment that the original owner of the 59 les paul did, you're much better off taking your money to the casino. These things are pure luck and are impossible to predict. Honestly, the idea of guitar speculation to me is ridiculous. Guitars have very liittle intrinsic value to anyone but their owners and people who know how to play them, and then you have individual preferences, etc. To sell a guitar for a few hundred thousand dollars, you need the right sales pitch to the right group of people. Sitting around on a guitar that you bought on a 'hunch' for a few decades is not going to do that for you.
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My indulgences 2009 Petros Grand Concert Italian Spruce with Macassar Ebony, Gold Standard (Build) (My thoughts) 2009 Petros Finger Style Tunnel 13 Redwood with Walnut, 12 Fret, Gold Standard (Build) (My thoughts) I'm an unmet friend of the honest, hardworking, knowledgeable guitar builder. |
#66
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Quote:
Didn't mean to upset you. How long do you anticipate having to hold onto your guitars before being able to turn a profit? Are you buying Tele's actually made in 1952, Strats made in '62...or new Teles marketed as the "52" series, strats made today marketed as the "'62" series? And...where can we find them at 50% off MSRP?
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"Use what talents you possess; the woods would be very silent if no birds sang except those that sang best." Henry Van Dyke "It is in the world of slow time that truth and art are found as one" Norman Maclean, Last edited by Jeff M; 11-08-2009 at 04:18 PM. |
#67
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I never said they were I good investment. Just pointed out one example of a good return. I'm sure there are many more.
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Justin Jones (not "and the driving rain".....this one http://itunes.apple.com/us/album/waiting/id305405409 Takamine Santa Fe, Alvarez 5056, Alvarez 5053,Yamaha FG-300, Yairi DY53 1990 (Pecan), Spirit Dreadnought, Yamaha Classical....we wont even start on the electrics. |