One Iconic Invention That Keeps Growing in Value
Until about 70 years ago, musical instruments remained pretty much the same as they were for centuries. Then a new invention changed modern music and popular culture as well -- the electric guitar.
Vintage guitar enthusiasts gather every month, buy, sell or trade at the Guitarshows.com networking meets in the Northeast and New England in the hopes of finding that one rare find that will propel them into the investment stratosphere.
(PRWEB) July 28, 2006 -- Kevin Kopec, the promoter of these collector events reports, "Some guitars that were a mere $200 in the late fifties, early sixties are now worth a quarter million!” “Everyone has heard a story like this that has happened at one of our events.” We invite the general public to walk in with a guitar to sell or trade, usually they are heirloom instruments.”
A owner who has such a piece walks in with the instrument. What’s in the case? It’s my father’s guitar, who is now deceased and the guitar has been in the attic for years. You open it up, and there's a dusty guitar with rusty strings and a busted switch. How much do they want for it? $500. How about $300? They settle on $300. Next week you get it detailed and restored with vintage parts and find out that it’s worth $3,000. It doesn't happen often, but it does happen. You have to be there and witness this experience.
Although you can find proponents of every guitar brand at a Guitarshows.com networking event, the "holy grails" of vintage guitar collecting seem to be the first solid body guitars made by Leo Fender of that legendary company - Fender Stratocasters and Telecasters from the mid-50s to early 60’s, and Gibson models prior to around 70s.
Prices on top grade classic guitars continue on the rise and while there are limited quantities of these museum pieces in the markets, there is always the speculation of the next breed of collectibles. A smart choice could result in a handsome return in the next 10 years.
“These may very well be the production pieces of the 1970’s”, says Kopec. To learn more about the world of guitar collecting, performance and collecting retro music gear visit a Guitarshows.com event in a city near you and talk to the experts in this fascinating world of iconic off beat investments. Guitarshows.com has been hosting buy, sell or trading events for the serious musician and hobbyist since 1993. For more information visit their website at www.guitarshows.com The next buy, sell trade event is the Central New Jersey Guitar festival on August 6th and later in the year in Portland, Hartford, Allentown, Woodstock, Boston and Providence.For more information contact Kevin Kopec, promoter and organizer.
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