PRLog (Press Release)
- Apr. 15, 2010 -
Over the past couple of years the vintage guitar market has taken a hit here and there but overall has proven to be a sound investment for most. The experts say that when inflation accelerates and the dollar shrinks collectables prove to be a good place for your money. Here is a small example that was pointed out to me by Jake Wand: Let’s say in 1959 you had $100.00 if you were to bury the $100.00 in a coffee can in your back yard or put it in your bank account and let it sit there drawing a couple percent interest inflation would slowly take this $100.00 and if you were to pull it out 50 years later you would find that $100.00 would barely get you a nice dinner for two. However if you would have taken that same $100.00 and gone to your local pawn shop in 1959 and picked up a 1959 Gibson Les Paul guitar and placed it in the closet instead then you could pull it out of your closet today and it could be worth well over six figures.
Of course the list goes on of different things like land, etc. that plan to be a good investment when inflation is accelerated. I think people are starting to realize how much thee instruments from the 50’s 60’s, and 70’s really meant. I am noticing a lot more celebrities and different people around the world that appreciate these vintage guitars that are becoming scarce.
There is a very limited supply and there still seems to be a high demand for these pieces of history which has proved to be a good choice for those who have invested in these instruments, such as the Gibson Les Pauls’ and Fender Telecasters and Stratocaster’
s from the same era. (50’s, 60, and 70’s).