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a '59 burst for $1300?
'58 Explorer for $2500?
mint '37 Super 400 $950?
I guess the Epiphone Triumph didn't appreciate quite as well @ $300
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02-26-2021 03:57 PM
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thems were the days!
bittersweet
cheers
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Now, where did I put my time machine?
Oh, well! The Silver Certificates they would take are probably worth a lot more than their face value, so it's a wash....
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Originally Posted by citizenk74
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The best time to plant a tree is yesterday.
The dollar is the preeminent currency in the world and when the profligate Democrats (when in power, the Republicans have been pretty damn profligate as well) finish the next round of money printing, 6 billion new dollars will have been created since last March. Watch rare guitar prices (along with real estate) climb upwards moving forward. You heard it here first.
Tell your significant other that NGD purchase is simply a hedge against inflation. You won't be lying.
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Originally Posted by Stringswinger
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Originally Posted by Cunamara
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I would buy the brand new 1956 D-21 for $650. These days it would go for $10k if you find one.
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It would have been hard to predict at that time what would be collectible years later. LPs were probably the most desirable guitar in the late 70’s (based on my experience), yet not super expensive, except for maybe the high-profile ‘50’s models.
Archtops other than the 175 were not in much demand, and those odd solid bodies like the Explorer and Jazzmaster were completely neglected (til The Edge and Elvis Costello made them popular again).
Truth to tell people weren’t into collecting in those days. My dad grew up on a farm in Alabama, and all the old furniture from his house including supposedly an old Victrola was just thrown out or given away or burned for firewood.
As far as guitars, everybody wanted the latest and most stylish (whatever Jimmy Page or Steve Miller was playing) or even some plexiglass thing.
If any of us had been smart we would have been buying up 50’s stuff and putting everything we bought in the 60’s in shrink-wrapped, climate controlled storage containers. Then we could have retired by now.
Heck if I had never taken my GI Joes out of the box and had put my comic books in wax sleeves and stored them properly I probably would be rich by now.
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Originally Posted by jpb
Someone with some time and knowledge of the market should translate the rest into current prices! ;-)Last edited by Doctor Jeff; 02-27-2021 at 10:30 AM.
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I am thankful that we have all lived long enough to experience this. " It's not the destination, but the ride we take and how long. "
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Originally Posted by Doctor Jeff
I heard about a 53 Esquire sans original case that recently sold for 27K. The original case would be at least another 5K. That's an Esquire without a neck pickup!
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The 50-year old house my parents left me has appreciated by 110 times. I'd say $1300 for a 59 Les Paul in 1970 sounds about right.
$1000 of Microsoft stock in 1986 has a value of $2.351m today. Money ain't what it used to be.
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Originally Posted by Jabberwocky
A house bought for $50,000 in 1970 would be worth over $5 million now? That’s not typical...
I seem to recall my mom saying they bought their house in north Georgia for either $12,000 or $15,000 in the late ‘50’s. It’s worth about 10 times that now.
Of course I have seen literal huts in California on the market for $2 million, but that’s because the land they’re on is so exclusive.
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Originally Posted by D'Aquisto Fan
Real 1951 Fender Nocaster. Vintage Guitar With History. Please Read Signed TG | eBay
I don’t doubt a Broadcaster would go for more.
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Originally Posted by Doctor Jeff
2 new & excellent Jazz Comping Truefire...
Yesterday, 10:22 PM in Comping, Chords & Chord Progressions