Bass_Guardian Posted June 19, 2017 Share Posted June 19, 2017 https://reverb.com/uk/p/gibson-les-paul-standard-burst-1958-1960?device=c&gclid=CODwrtr7ydQCFcG37QodGHwIIw&hfid=4491678 Have vintage guitars just rocketed in price or is this normal? Are there more expensive gutiars out there than this just due to it's age rather than a celeb link? Quote Link to comment Share on other sites More sharing options...
Bass_Guardian Posted June 19, 2017 Author Share Posted June 19, 2017 In fact just clocked one at over £300,000 I'm gobsmacked.... https://reverb.com/uk/item/5315967-1959-gibson-les-paul-standard-burst Quote Link to comment Share on other sites More sharing options...
PawelG Posted June 19, 2017 Share Posted June 19, 2017 Thats shocking. A lot of money for a guitar. Quote Link to comment Share on other sites More sharing options...
Conan Posted June 19, 2017 Share Posted June 19, 2017 You'd think they'd offer free shipping at that price... In fact, they should bring it to your home in a stretch limo full of beautiful women Quote Link to comment Share on other sites More sharing options...
ahpook Posted June 19, 2017 Share Posted June 19, 2017 (edited) [quote name='Conan' timestamp='1497880109' post='3321060'] You'd think they'd offer free shipping at that price... [/quote] Indeed. Is it worth almost a third of a million ? If somebody buys it at that price then yes it is. Let's not confuse worth (a value judgement) with price (a [i]hopefully[/i] quantitative evaluation of the market) Edited June 19, 2017 by ahpook Quote Link to comment Share on other sites More sharing options...
Bass_Guardian Posted June 19, 2017 Author Share Posted June 19, 2017 [quote name='ahpook' timestamp='1497880420' post='3321062'] Indeed. Is it worth almost a third of a million ? If somebody buys it at that price then yes it is. Let's not confuse worth (a value judgement) with price (a [i]hopefully[/i] quantitative evaluation of the market) [/quote] Ooft lets no start this topic again Quote Link to comment Share on other sites More sharing options...
Bass_Guardian Posted June 19, 2017 Author Share Posted June 19, 2017 [quote name='Conan' timestamp='1497880109' post='3321060'] You'd think they'd offer free shipping at that price... In fact, they should bring it to your home in a stretch limo full of beautiful women [/quote] If they don't chuck in a few pleccys and a lead I'm not buying it Quote Link to comment Share on other sites More sharing options...
Chiliwailer Posted June 19, 2017 Share Posted June 19, 2017 (edited) A 59 LP is considered the holy grail of LP's due to the neck profile that year. If they have a detailed and pronounced flame top then the price goes even sillier. The LP was discontinued in 1960 until around 1968 I think, so the only years for a 'modern' spec LP is 1957-1960 as they had P90's before then (amongst other things). Therefore less of them around means very rich people pay high. They were about that price in 2007 before the Downturn, they then went as 'low' (haha) as £125k. Wonder if they will actually sell at those prices you've seen today? Edited June 19, 2017 by Chiliwailer Quote Link to comment Share on other sites More sharing options...
Conan Posted June 19, 2017 Share Posted June 19, 2017 [quote name='Chiliwailer' timestamp='1497882300' post='3321080'] Wonder if they will actually sell at those prices you've seen today? [/quote] And if it will ever be played? Quote Link to comment Share on other sites More sharing options...
ahpook Posted June 19, 2017 Share Posted June 19, 2017 [quote name='Bass_Guardian' timestamp='1497881310' post='3321073'] Ooft lets no start this topic again [/quote] Fair point. Quote Link to comment Share on other sites More sharing options...
Chiliwailer Posted June 19, 2017 Share Posted June 19, 2017 [quote name='Conan' timestamp='1497883177' post='3321087'] And if it will ever be played? [/quote] Very suprisingly, there's two guys in London that I know of who currently do still use them live. People just assume they are replicas. But yeah, too many ended up in hedge fund syndicates. BTW, in early 2000's I recall a music shop owner offering a local muso £60k for his 59 LP that had a repaired broken headstock. The muso was living in a run down council flat and often struggled to pay bills, yet he acknowledged that even though he could almost buy a property of his own he'd rather have the guitar. I've only played one 59LP, it was lush, but not THAT lush Quote Link to comment Share on other sites More sharing options...
Grangur Posted June 19, 2017 Share Posted June 19, 2017 [quote name='Bass_Guardian' timestamp='1497881342' post='3321074'] If they don't chuck in a few pleccys and a lead I'm not buying it [/quote] OK, I give in, I'll chuck in 12 pleccies, 2 leads and a gig-bag. How's that? Now, can you please send me payment? Quote Link to comment Share on other sites More sharing options...
Bass_Guardian Posted June 19, 2017 Author Share Posted June 19, 2017 [quote name='Grangur' timestamp='1497884339' post='3321099'] OK, I give in, I'll chuck in 12 pleccies, 2 leads and a gig-bag. How's that? Now, can you please send me payment? [/quote] Quote Link to comment Share on other sites More sharing options...
chris_b Posted June 19, 2017 Share Posted June 19, 2017 There are sought after versions of Strats and Les Pauls that have been up around this level for years. About 10 years ago we did a gig for a corporate lawyer at his house (we set up in his ballroom) and he showed us his "collection". A room with about 40 collectable and vintage guitars set up on stands and many more still in their cases. He reckoned it was all worth about £10 million. "Collectors" work to a completely different set of rules. Quote Link to comment Share on other sites More sharing options...
Dan Dare Posted June 19, 2017 Share Posted June 19, 2017 [quote name='chris_b' timestamp='1497885899' post='3321114'] There are sought after versions of Strats and Les Pauls that have been up around this level for years. About 10 years ago we did a gig for a corporate lawyer at his house (we set up in his ballroom) and he showed us his "collection". A room with about 40 collectable and vintage guitars set up on stands and many more still in their cases. He reckoned it was all worth about £10 million. "Collectors" work to a completely different set of rules. [/quote] Sadly true. Anyone remember that silicon valley billionaire who advertised for vintage instruments a few years back. He was photographed sitting on the bonnet of the Batmobile (which he owns), holding the first ever Gibson Citation and something else equally droolworthy. He invited people to tell/send him what they had and he would make offers. It was obvious, from the fact that he was holding the guitars like shovels, that he didn't have a clue what to do with them. Was tempted to post a dog turd to him with a note that he would probably find it of more use. Collectors are usually (I know there are exceptions) people with far too much money who envy musicians their ability and mistakenly think that if they have a '59 Les Paul or whatever, they will automatically sound like their heroes. Fortunately for those of us who can actually play, it ain't so. Quote Link to comment Share on other sites More sharing options...
Cato Posted June 19, 2017 Share Posted June 19, 2017 At that level you're not buying an instrument, your investing capital into an object you hope is going to significantly appreciate in value over the next few years or at the very worst it won't depreciate. People do the same with art and vintage Ferraris. Onve aquired it goes into storage never to be viewed again until the next sale. Quote Link to comment Share on other sites More sharing options...
phil.c60 Posted June 19, 2017 Share Posted June 19, 2017 These are guitars. I'm a bass player. They're worthless to me. Quote Link to comment Share on other sites More sharing options...
phil.c60 Posted June 19, 2017 Share Posted June 19, 2017 And I'm left handed, so they are truly worthless to me! Quote Link to comment Share on other sites More sharing options...
ahpook Posted June 19, 2017 Share Posted June 19, 2017 (edited) Not to mention the neck dive Mwhahahahaha. Edited June 19, 2017 by ahpook Quote Link to comment Share on other sites More sharing options...
lowregisterhead Posted June 19, 2017 Share Posted June 19, 2017 I used to have one of those. Left it on a bus. Oh no, sorry, that was a Les McKeown LP. Quote Link to comment Share on other sites More sharing options...
jezzaboy Posted June 19, 2017 Share Posted June 19, 2017 Joe Bonamasa is the man for 59 Les Paul`s, he has owned 13 of them. I think he still owns 3 and gigs them. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.