Guitar market strikes a nostalgic chord

Guitar market strikes a nostalgic chord

Even with prices slightly dropping, it looks like guitars are solid investment. “A Gibson Les Paul Standard that sold in 1958 for less than $300, including the guitar case, can now fetch $420,000 or more — an average annual gain of 32% since 2000, according to vintage guitar price guides.”  Not a bad return I’d say.  Hey, can anyone spare half a million so I can pick up a couple used guitars?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s