A real '59 popped up on eBay

Post by **Mike** » Fri Feb 19, 2010 9:46 am

haha.. fair enough.

TheBurbz · Post by **TheBurbz** » Fri Feb 19, 2010 10:11 am

What a load of shit, it's a piece of wood FFS. Some people obviously have far too much money.

kypdurron · Post by **kypdurron** » Fri Feb 19, 2010 10:31 am

Narco Martenot wrote:
kypdurron wrote:
So now I only must somehow understand how it is possible someone would spend that much money on a guitar ... I mean hey, it's only about 100 vintage Jazzmasters
It's an investment. Sell it again in 5-10 years. I don't think you buy something like this to actually play it, unless you have an insane amount of money.

Depends ... if I was a football star I'd say hey that thing is paid off in 3 months, so what

But as a normal person I'd maybe lose the income of years just by adding some wear to the frets ... weird iea. Would you say it'd a high risk as investment? I mean can prices increase forever for that sort of shit? That idea of about 12 people on earth that are the actual market for guitars priced as fairly big luxus houses is not too far off, you might think they all already have one, and in comparison to that size of market, there must be a ton of vintage LPs out there

Post by **Mike** » Fri Feb 19, 2010 11:04 am

I don't think these things will necessarily increase in value to be honest. We're living in a changing world, and the economy is very, very fragile, and will be for many years. With the increasing dominance of the Japanese, Chinese and Indian economies I don't think that having a '59 Les Paul can really be considered a dead cert for future profit potential, especially at the prices they're selling for now.

The western world is going to struggle, people just aren't going to be paying top dollar for luxury goods in the medium term future.

dumb donnie · Post by **dumb donnie** » Fri Feb 19, 2010 2:08 pm

Haze wrote:yeah, but that video cracks me up every time!
those gold tops are great looking, i'd take one of those over any other lp finish.

Yeah, I'm with you on that. Especially once they age a little and become greenish and checked.

Will · Post by **Will** » Fri Feb 19, 2010 5:47 pm

Mike wrote:I don't think these things will necessarily increase in value to be honest. We're living in a changing world.

I think we've also been riding a guitar bubble the last few years as the now-retiring baby boomers have driven up prices. Eventually, those people will pass.

It's become absurd - Silvertone Twin Twelves going for $1000 and such, despite being barely functional and mostly made of cardboard. Pretty much every guitar from the 60s has quadrupled in value the past 10 years. It's unsustainable.

Narco Martenot · Post by **Narco Martenot** » Fri Feb 19, 2010 6:45 pm

kypdurron wrote:
Narco Martenot wrote:
kypdurron wrote:
So now I only must somehow understand how it is possible someone would spend that much money on a guitar ... I mean hey, it's only about 100 vintage Jazzmasters
It's an investment. Sell it again in 5-10 years. I don't think you buy something like this to actually play it, unless you have an insane amount of money.
Depends ... if I was a football star I'd say hey that thing is paid off in 3 months, so what But as a normal person I'd maybe lose the income of years just by adding some wear to the frets ... weird iea. Would you say it'd a high risk as investment? I mean can prices increase forever for that sort of shit? That idea of about 12 people on earth that are the actual market for guitars priced as fairly big luxus houses is not too far off, you might think they all already have one, and in comparison to that size of market, there must be a ton of vintage LPs out there

I don't think this a high-risk investment. The prices of these will only continue to increase as it ages. At worst, in 5-10 years you will get your money back. I'm going to guess the price will at least double, though.

The person who buys this might not even be a guitar player or even know how to play one, and it will probably stay in a safe. But you never know, there could be a serious guitar player who is fairly rich, and is willing to spend their life savings on their dream guitar or something. Or maybe it's just Jimmy Page.

Narco Martenot · Post by **Narco Martenot** » Fri Feb 19, 2010 6:51 pm

Actually, this guitar isn't worth as much as I thought. In 2005, this guitar was only worth around $250,000-$300,000. Does anyone know what the current value is in 2010?

dumb donnie · Post by **dumb donnie** » Fri Feb 19, 2010 7:59 pm

I wonder how much Paul McCartney's left handed '59 is worth.

Auriemma · Post by **Auriemma** » Fri Feb 19, 2010 8:15 pm

Haze wrote:http://cgi.ebay.com/1959-Gibson-Les-Pau ... 0201197688

been watching the price since $75,000. Amazing what these instruments go for but I do believe one like this will be worth millions one day.

As of 3:12PM EST...

$162,100

and the reserve is still not met... JEEZ!

jcyphe · Post by **jcyphe** » Fri Feb 19, 2010 8:18 pm

Mike wrote:With the increasing dominance of the Japanese, Chinese and Indian economies I don't think that having a '59 Les Paul can really be considered a dead cert for future profit potential, especially at the prices they're selling for now.

The Japanese are some of the biggest collectors of vintage guitars in the world. One of the world's most known burst collectors is Japanese.

Will · Post by **Will** » Fri Feb 19, 2010 8:25 pm

dumb donnie wrote:I wonder how much Paul McCartney's left handed '59 is worth.

There are only 2 left handed bursts in existence. One belongs to McCartney, the other to John McEnroe. I think a lot.

Not many bursts have sold recently. I think $450,000 is reasonable.

lorez · Post by **lorez** » Fri Feb 19, 2010 10:28 pm

I won't crack any jokes about Paul McCartney and the one legged whore who seems to have a pipe line in to his wallet still.

As for investments and this not lasting for much longer unfortunately when people get money (in Mikes example, china, india, etc) they ask people already at the top what should I invest in. And they will turn around and say wine, art and guitars. It seems to be a self fulfilling prophesy and a case of one upmanship across the world.

Still, Epiphone have just released their "tribute" to the 59 for around Â£500 so that might be a way for us to example something like what this might be like. Its a shame though, like any tool it should be used and these guitars are only famous because of the people who played them in the era they were made

jcyphe · Post by **jcyphe** » Sat Feb 20, 2010 12:02 am

We're just starting to have the same threads over and over.

I feel like I heard this exact same debate over bursts six months ago so let me copy and paste.

http://www.shortscale.org/forum/viewtop ... 285#679285

Justin J · Post by **Justin J** » Sat Feb 20, 2010 2:33 am

Will wrote:There are only 2 left handed bursts in existence.

are you sure? i seem to recall seeing a bunch of lefties on burst serial, but i'm too lazy to double check that now.

Will · Post by **Will** » Sat Feb 20, 2010 3:01 am

Justin J wrote:
Will wrote:There are only 2 left handed bursts in existence.
are you sure? i seem to recall seeing a bunch of lefties on burst serial, but i'm too lazy to double check that now.

Correction: only 2 1959 lefty bursts

westtexasred · Post by **westtexasred** » Sat Feb 20, 2010 7:02 am

There is another 1959 Burst on ebay for $116,00 BIN (Link) it is the same one in the vids below

[youtube][/youtube]

[youtube][/youtube]

A real '59 popped up on eBay

Re: A real '59 popped up on eBay