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Author Topic:  Instrument collectors, pro or con?
Mike Perlowin


From:
Los Angeles CA
Post  Posted 14 Nov 2003 9:22 am    
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In another thread the following comment was made
Quote:
I think Instrument Collectors should be shot on sight. They drive the prices of instruments to artificial levels and keep them out of the hands of younger aspiring players. Not too many families can afford to lay out $2000 - 4000 for a PSG and sometimes a like amount for the electronics so that little Johnny or Janie can learn to play Steel guitar.


Agree? Disagree? How do you feel about this?

I agree up to a point. I think it is wrong for some people (especially those who don't play themselves) to hoard instruments and keep them out of the hands of musicians. It has reached the point where a vintage Gibson guitar is so valuable that most musicians can't afford one.

But fortunately in recent years we've seen the rise of Asian imports that are inexpensive but nevertheless fine guitars, every bit as good as, and in some cases even better than, their high priced American made counterparts. Working musicians and guitar students no longer need to shell out megabucks in order to get a high quality guitar. The only thing these imports are lacking is the famous brand name.

As far as steels go. Collectors may have driven up the price of some guitars, like 60's vintage Emmons Push Pulls, but it is possible to get a more recent used steel or a new Carter Starter without going broke.

I collect instruments myself, but only a very few of mine are rare and valuable. Some are the aforementioned inexpensive imports. Most are somewhere in between. And I use them all on my recordings.

I think that steel players who collect steels are different from guitar collectors who buy precious gourmet instruments and lock them up in display cases. I think that D'Angelico guitars Stratovarious violins and other instrument of similar quality are meant to be played, and belong in the hands of those players whose virtuosity makes them deserving of these fine instruments.

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Larry Miller

 

From:
Dothan AL,USA
Post  Posted 14 Nov 2003 9:36 am    
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Quote:
I think Instrument Collectors should be shot on sight.
I think it's only fair you should give them a running start.
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Ray Montee


From:
Portland, Oregon (deceased)
Post  Posted 14 Nov 2003 9:54 am    
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I will be looking over my shoulder in the future since I have what some refer to, as a "collection" of Ricks, however, I do play mine regularly. I want people to hear what a wonderful guitar was once made.
Now Rick Aiello with his extensive collection might have another view but.....
I'd have to agree....that mere COLLECTORS of fine instruments, like coins or stamps, are making unavailable some truly vintage instruments, and yet, to have them in a well lighted case, for viewing, does hold some merit when you consider the damaged/destroyed guitars that routinely appear for sale on eBay. THAT, is the CRIME!
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Bob Blair


From:
Edmonton, Alberta, Canada
Post  Posted 14 Nov 2003 9:55 am    
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In the grand scheme of things, I think that collectors perform an important service - they preserve and promote things that ought to be preserved and promoted. Often individuals who collect things, be it art, instruments or whatever, take pains to make sure that their collection is shared - that that rare violin gets played by a deserving prodigy, that that painting is exhibited where it can be appreciated etc. Among the word's collectors there are no doubt some of the Scrooge variety, but that's life. Sure some vintage guitars etc seem to be ridiculously priced as a result of the interest of collectors, but I don't think that that fact is keeping anyone from playing. As far as steel guitars go, I'm glad there are a few people around who are collecting and preserving fine examples of the instrument we love.
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seldomfed


From:
Colorado
Post  Posted 14 Nov 2003 9:55 am    
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Quote:
I think that steel players who collect steels are different from guitar collectors who buy precious gourmet instruments and lock them up in display cases. I think that D'Angelico guitars Stratovarious violins and other instrument of similar quality are meant to be played, and belong in the hands of those players whose virtuosity makes them deserving of these fine instruments.


I agree. Quality instruments should be played and available to people who can use them. As long as they are useful. I'm concerned when someone hordes playable instruments just for the sake of collecting or investing.

Something I've come to realize however is that many old 'collector' guitars and instruments - are just OLD. Some of this stuff is so old that it only has value to a collector! They have value only if someone is willing to spend the money. Value is a perception. Attributes that determine value are numerous and we can all make a list I'm sure. But personally I would much rather have a newer, good sounding, playable instrument day-2-day. I'm not overly concerned if someone wants to pay $30,000 for some beat up old Strat and put it in a case at a Hard Rock Cafe. A new G&L will prob. blow it away in playability. Old cars have percieved value to collectors too, they are cool, they are a piece of history, but I don't want to drive one on I-80!

So who want so sell me one of their old frypans

chris


------------------
Chris Kennison
Ft. Collins, Colorado
"There is no spoon" www.book-em-danno.com


[This message was edited by seldomfed on 14 November 2003 at 09:57 AM.]

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seldomfed


From:
Colorado
Post  Posted 14 Nov 2003 10:04 am    
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Quote:
Not too many families can afford to lay out $2000 - 4000 for a PSG and sometimes a like amount for the electronics so that little Johnny or Janie can learn to play Steel guitar.


The harp is an instrument that is similar to steel in a way. When's the last time you heard harp on MTV? The daughter of a friend plays harp and started on a smaller lever harp - it's more affordable. Now that she's older, has show interest and talent, and getting serious they're trying to find a pedal harp. Talk about expensive! Unique instuments are expensive. Perhaps kids start on lap steels and move up. Perhaps they get a student model pedal steel. There are ways.

------------------
Chris Kennison
Ft. Collins, Colorado
"There is no spoon" www.book-em-danno.com


[This message was edited by seldomfed on 14 November 2003 at 10:04 AM.]

[This message was edited by seldomfed on 14 November 2003 at 10:06 AM.]

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Mike Perlowin


From:
Los Angeles CA
Post  Posted 14 Nov 2003 10:12 am    
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Quote:
...many old 'collector' guitars and instruments - are just OLD. Some of this stuff is so old that it only has value to a collector!many old 'collector' guitars and instruments - are just OLD. Some of this stuff is so old that it only has value to a collector!


This is true. About 30 years ago I owned a pre 1900 Martin parlor guitar that was absolutely unplayable. It was a wall decoration and conversation piece. As an instrument, it was totally useless. If I still had it, it would still be a wall decoration.
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Donny Hinson

 

From:
Glen Burnie, Md. U.S.A.
Post  Posted 14 Nov 2003 10:16 am    
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Well, I tend to disagree. First of all, you don't need to spend $2,000 to $4,000 to get a "quality beginner's instrument". I liken a young beginner getting new LeGrande, MSA Millennium, Fessenden, or one of the other high-priced jobs to a 16 year-old getting a new Porsche, or Ferrari. They don't need to "start at the top", (few of us did). This is an instrument that requires much dedication, and lets face it, a lot who try it really won't stay with it...they'd probably rather be the next Mick Jagger or Jimi Hendrix.

There's ample used guitars on the market, and I know of no big dealers who are out of merchandise at the moment. Also, there's the issue that a beginner might be more likely to "butcher" a collector's piece, and that would drive the future prices up even more.

The world today is quite different than it used to be, and I never cease to be amazed by the possessions of a lot of teenagers...fancy cars with multi-thousand dollar sound systems, fancy custom paint jobs, ground-effects, and computers, video games, and CD collections worth thousands. Don't preach to me about our "financially-strapped young people"...I know better. As with anything else in this life that we really want, it's merely a question of priorities and "how bad you want one".
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David Doggett


From:
Bawl'mer, MD (formerly of MS, Nawluns, Gnashville, Knocksville, Lost Angeles, Bahsten. and Philly)
Post  Posted 14 Nov 2003 10:31 am    
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Unless a new player has an experienced player and mechanic to help, buying an old pedal steel for a starter is risky. In my limited experience, the affordable old ones always need some skilled work to get them to a standard copedent and playable condition. Part of this is because the older sellers had unique copedents, or the physical sizes of the old and new owners are different, or something is simply broken or way out of adjustment. Most of these problems are fixable by an experienced pedal steeler, but not by an unassisted novice. Of course you can send the old guitar to a restorer, but then it's not such a bargain any more. The less collectible more recent used steels are wiser choices for novices.

I have no problem with professional or semi-pro players collecting classic and favorite instruments. But with guitars, everybody plays a little, and so all the collectors are "players." It does bother me a little when rich amateurs keep choice playing instruments out of the hands of working musicians. On the other hand, a lot of fragile, beat up old instruments may not be suitable for beginners, regardless of price.
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Jerry Roller


From:
Van Buren, Arkansas USA
Post  Posted 14 Nov 2003 10:33 am    
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The more guitars are collected, the more will be built, the more that are built, the cheaper the used ones become. If everyone had one guitar the steel guitar industry would not support near all the builders we have putting the guitars out, less competition and prices would have to be higher to support the builder. I think it works to the advantage of anyone wanting a good used instrument that some feel they would like a collection. It kinda hurts my situation that I would like to have a wraparound Emmons but they are hard to find and some guys have more than one but that is not a normal situation. Keep collecting the used ones, builders can keep building new ones replacing used ones and there will be a good supply of used guitars which will keep the price affordable. That's just another thought on the subject for what its worth.
Jerry
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Rick Aiello


From:
Berryville, VA USA
Post  Posted 14 Nov 2003 10:45 am    
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quote:
Now Rick Aiello with his extensive collection might have another view but.....
I'd have to agree....that mere COLLECTORS of fine instruments, like coins or stamps, are making unavailable ...



I agree Ray ... Think of all those poor, un-mailed letters ...

This topic came up awhile back and as I said then ... my Rickys are in far better shape now than they were when I got them ... I like to think of myself as a "Curator" not a collector.

The notion that by picking up a nice Ricky, Gibson, Fender, etc. when I see one, I'm depriving "the youth/musicians of the world" of quality instruments is pretty bizarre.

Personally, I have gone to great lengths and expensive to help make available to others the "tools" that were inspired by steels in my "Museum" ... i.e.:

Horseshoe pickups ... Charlie Christian pickups ... and yes, coming very soon ...

Fender inspired "Direct Contact/Boxcar" pickups

Talk is cheap ... like I said in the original "Collectors Suck" thread ... If you feel strongly about making instruments available to young folks ...

Then finance, manufacture, and/or organize a program that does just that.

I was stayin' out of this thread, till my ears started burnin'



------------------

www.horseshoemagnets.com
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Terry Edwards


From:
Florida... livin' on spongecake...
Post  Posted 14 Nov 2003 11:14 am    
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Quote:
Instrument collectors, pro or con?


There are very few pros that are collectors. So they are mostly cons!


Terry
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Herb Steiner


From:
Briarcliff TX 78669, pop. 2,064
Post  Posted 14 Nov 2003 11:18 am    
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I agree with Rick.

I think the guys who talk about "collectors should be shot" are completely full of envy, have misdirected anger, and should realize they sound like whiners. If they're pissed off at anyone, they should be pissed off at themselves for not getting what they wanted when it was available at a lower price, or for not working hard enough to get the money when it was needed.

Old guitars become expensive when there are more people that want them than there is supply. That is the law of supply and demand and no ranting here is gonna change that. I bought my instruments when they were not as expensive as they are today... and BTW, I've sold a lot of 66-68 Emmonses for less than I could get for them today. If I experience "seller's remorse," I've got no one to be pissed at but myself.

Not that it makes any difference, but markets that go up also go down, depending on a variety of factors. Maybe some guys who pay 5k to 10k for a 64 Emmons or a Bigsby will get screwed when demand for those horns goes down, as it possibly could. What will those guys whine about?

I do have some nice old instruments, and not just pedal steel guitars. I play them all, but I do have more than I can play at one gig. So what? First thing, my collection is not static, I sell out of it all the time, and to a lot of forumites incidentally, and I add to it occasionally depending on my financial condition at the time. Besides, last time I looked this is still the United States, and someone who's worked for what he wants to own has a right to own it and not owe it to someone else's personal sense of "right and wrong." What I'm not buying is the bogus guilt trip that's being laid out here on this topic.

Mike, if you "agree to a point" that instrument collectors should be shot, and yourself acknowledge that you're a collector to a limited extent, stand up for what you believe and put a gun in your own mouth... but since you play instruments that are not collectibles (and I know that you've personally "modified" vintage instruments thereby ruining thier collectibility), you can have it be a water pistol.

------------------
Herb's Steel Guitar Pages
Texas Steel Guitar Association


[This message was edited by Herb Steiner on 14 November 2003 at 11:21 AM.]

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Mike Perlowin


From:
Los Angeles CA
Post  Posted 14 Nov 2003 12:05 pm    
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This question is not cut and dried. I have no problem with musicians collecting instruments. After all, we are the people these things are made for.

I object to people who don't play themselves, but who hoard rare and priceless gourmet instruments like D'Angelico guitars as trophies.

Herb, as far as I'm concerned, you DESERVE the right to your collection, because you make proper use of all your stuff. I'm sure the same can be said about a lot of the people here.

Quote:
I know that you've personally "modified" vintage instruments thereby ruining thier collectibility...


Herb is referring to the fact that about 20 years ago I took 2 guitars and thrashed them for their parts and made one guitar with the best features of both. In the case of my pre-CBS fender 12 string, "raped" would be a more appropriate word. But the end result (the Fender neck and 12 string tunamatic bridge, grafted on to a Music Man Saber body with active electronics) is so spectacular that I do not regret what I did.

Which brings up another point. At the time I bought the 2 guitars I thrashed, neither was worth anything. Who could have predicted they would ever become valuable?

I wonder if todays Korean or Chinese cheapie will someday be sought after by collectors. "Oooh, It's a genuine 2003 Raven Les Paul copy."



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Andy Volk


From:
Boston, MA
Post  Posted 14 Nov 2003 12:21 pm    
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Herb, I wish I could say it as eloquently as you did. This notion of some divine mandate floating around in the ether that gives musicians' the true and proper right to own vintage instruments is utter nonsense. Anyone who can pay for an instrument has a right to play it, hoard it, paint it with housepaint, burn it, or let their grandchildren stand on it as they see fit.
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Larry Miller

 

From:
Dothan AL,USA
Post  Posted 14 Nov 2003 12:28 pm    
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.....or make a wagon out of it!
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Ron Randall

 

From:
Dallas, Texas, USA
Post  Posted 14 Nov 2003 12:39 pm    
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Gee, I thought I was preserving some great old Fenders, that others wanted to sell. Wonder what would have happened if no one bought them?

Driving the price up? If anything I do my best to drive the price down when I buy. Anyway I buy and play older instruments 'cause I like to, I want to. I have fun. But then again I don't buy collector grade instruments. I buy "Players", and play them.
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Paul Warnik

 

From:
Illinois,USA
Post  Posted 14 Nov 2003 1:32 pm    
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No one in the Vintage Guitar community ever tried to make me feel guilty about having my collection-I discovered that prejudice when I joined this Forum-Herb is right on again!
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Roger Rettig


From:
Naples, FL
Post  Posted 14 Nov 2003 1:35 pm    
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I was recently discussing this topic with Keith Sellers - he founded Hank's Guitars in London in the '70s, and used to take me (all expenses paid ) on buying trips to US guitar shows to replenish his inventory. It was an unpleasant task for me, but someone had to do it (etc, etc.....)

We can both remember a time when all this stuff that has assumed grail-like status could be had for less than the price of its new equivalent - really!

The vintage market was created - unwittingly - by the major manufacturers themselves; Martin, Gibson and Fender's output in the early 1970s was pathetically bad! Martin were protecting their interests after announcing lifetime warranties by making the tops of their guitars way too thick (so they'd never warp), and Fender and Gibson were cutting every corner they could to 'streamline' the building process.

It didn't take long for players to wake up to the fact that the old stuff was better - and from there it was a short step to inflation of the prices.

Well, guess what? Now those companies are making instruments every bit as good as the old ones. Martins have select woods available, scalloped bracing, herringbone trim, adjustable trussrods (that's BETTER than an old one!) and you can stipulate eactly what you want on a new guitar - my new 000-28 will be a virtual replica of a 1950 one (apart from the Brazilian rosewood - I can't run to that) and it'll be $2,200. Fender custom shop guitars are terrific, as are most of the regular line of US-produced ones. Gibson are as good as they'ver ever been, too.

I can see a time when the vintage market will shrink back to the tiny niche affair that it used to be 35 years ago - which'll be fine for the real collector who 'must have' an old serial number, and that indefinable ambience that only comes with a genuine artefact from a bygone age.

I will concede that my argument does not take account of the steel guitar market, but I tend to agree with the correspondant on a similar recent thread who suggests that the demand for Bigsbys and P/Ps will diminish as their proponents die off. These are not made any more and it's unlikely that they ever will be - I happen to believe that their appeal is largely rooted in nostalgia for a sound that is (perhaps sadly) no longer 'current'.

My thoughts, for what they're worth....

------------------
Roger Rettig

[This message was edited by Roger Rettig on 14 November 2003 at 01:42 PM.]

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chas smith R.I.P.


From:
Encino, CA, USA
Post  Posted 14 Nov 2003 1:37 pm    
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Quote:
I think Instrument Collectors should be shot on sight.
I'll shoot back if you miss. The fact of the matter is, you could have bought any of the guitars I bought at the time I bought them, but you didn't, for what ever reason, including that they weren't worth anything at the time. There were things I sold or didn't buy and I'm not whining about my ignorance and stupidity.

There's no shortage of instruments being made today that are mechanically superior to the vintage stuff. One of the downsides of owning vintage guitars and amps is the cost of maintenance. Fortunately I have a small machine shop in my garage (something else to get jealous about), because almost all of my stuff gets used, it seems that I have an amp in the repair shop every week.

So if you have to have the vintage sound you gotta pay for it, just like I do.
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Rick Collins

 

From:
Claremont , CA USA
Post  Posted 14 Nov 2003 3:32 pm    
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Quote:
I think Instrument Collectors should be shot on sight.
...by gun collectors with collectible guns???
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Paul Osbty

 

From:
Seattle, Washington, USA
Post  Posted 14 Nov 2003 3:41 pm    
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Quote:
But fortunately in recent years we've seen the rise of Asian imports that are inexpensive but nevertheless fine guitars, every bit as good as, and in some cases even better than, their high priced American made counterparts. Working musicians and guitar students no longer need to shell out megabucks in order to get a high quality guitar. The only thing these imports are lacking is the famous brand name.


As good or better, but in no cases worse? Americans must be idiots, then. Speak for your own craftsmanship, please.

Funny, but buyers of the copies change hardware and the electronics for the American originals. If they could change the wood, they ... would! All of this just to save maybe $400 over a lifetime.

Copies are copies. You get what you pay for.

Collecting and hoarding are 2 different things. Many collectors will have reknowned players record and/or perform with their instruments.
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Al Terhune


From:
Newcastle, WA
Post  Posted 14 Nov 2003 8:24 pm    
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Most classic, vintage steels are still waaaaaaaaaay cheaper than regular guitars. Example: Most sought-after Gibson steels, whether EH100, 150, or Grande console, you can get for $500-$900. Try to get a 50's Les Paul for under $3,000. Same with Fender. You can get Stringmasters for almost the same range, yet a vintage strat or tele will be a couple of grand. We steel players should slowly (yet quickly) buy up all these vintage steels before their value actually gets to what they're REALLY worth. Gee, I think this is the speach I give my wife each time I buy a steel (I must have just under 10 steel guitars).

[This message was edited by Al Terhune on 14 November 2003 at 08:26 PM.]

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Tony Prior


From:
Charlotte NC
Post  Posted 15 Nov 2003 2:48 am    
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oh-tay..here's my take..

I doubt there is a 1952 original Telecaster that plays as well as my 1989 RI. The overall quality of the RI is exceptional compared to my early original Tele's. So the good news is the Instrument manufacturers just like everyone else, improved thier process thru the years. Machining and forms are hi quality and the Instruments are consistent. Back in the original days each guitar was made basically by hand almost from scratch,but that was the times.

OK now to the hoarding..

I say go ahead and hoard them, a majority of them are not even worth half of what the collectors payed for them. The collectors that are musicians have most likely taken good " Musical" care of the Instruments rather than stick them in a closet without any attention.

Todays Pedal Steels, regardless of which brand are leaques better than the ones made 25 years . Ok so there are a few desirable ones like in any market but for the most part todays quality and craftsmanship is superior.

I recently purchased a Highway 1 Strat.I paid $450 for it brand new. In comparing it to my most favorite Strat of all time, a 1966 Sunburst which I sold for the big bucks several years ago, this Highway One Strat is every bit as good in playability and tone. It just doesn't have any bragging rights.

I have owned several old Strats, attempted to play them on gigs, NADA..not good playing guitars, same with the Tele's. I guess I was not alone in my opinion as almost all of us sold off our original Fenders back then looking for a better guitar.

My Sho-Bud Pro III used to have finger problems and I would have to swap out changer fingers as the rivots would get worn or sloppy. Is this still an issue on todays Steels ? I think not.

If the collectors want them they can have them but keep in mind that most of the folks that bought these old guitars did so as an investment not just collection value. I think many of them got burned in the long run if they bought the old guitars at the HI 80's prices.

As mentioned above, the market has opened up dramatically on Guitars and many of the ones you buy off the rack are pretty darn good. I still have one of the very first issue Japanese Squire Strats, I paid $50 for it used way back then. This is now one of the most desirable and best playing Strats out there..imagine that ! It really is an excellent guitar.

Don't get me wrong, I love the emotional value of an old guitar as much as the next guy but it's not worth mega bucks today for me to acquire one. By the way, I played my 66 Strat on gigs right up until the day I sold it in the mid 90's. I played my Buddy Holly tunes and felt like I was part of the era holding that old Strat..but no one else cared..just me..

Today the only old guitar I have is my 33 year old Guild D35 Acoustic which sounds better and better every day.

The sad note here is when you go to some of the guitar shows it's far and few between to see any old classic Instruments of any quality. Most of the Strats that are selling now are of the late 80's to mid 90's vintage. Finding a Tele is near impossible, any vintage. I did recently see a mid 50's Tele selling for like $10 grand but it was not even playable, it needed total and complete restoration, which if you purchased it and restored it would make it ..NON original.

happy Saturday
tp

[This message was edited by Tony Prior on 15 November 2003 at 02:52 AM.]

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Ed Naylor

 

From:
portsmouth.ohio usa, R.I.P.
Post  Posted 15 Nov 2003 6:07 am    
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I have lots of old and unusual guitars in my collection.I don't get them as a "Profit Maker". I don't care how destroyed because I can salvage some parts for someone that needs to restore an old instrument. A large part of my business is people wanting "Impossible" to find old parts.I really meet some very nice people and most are really appreciative of my efforts. Do you realize how many want PU covers for old Fenders???Impossible to find and impractical to reproduce. Ed Naylor Steel Guitar Works
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