Same. I buy em them to use them for the TOOL that they are. No don't abuse them, but I don't worry about scratching it when playing or dingingg it, they're tools. I take care of them, but at the end of the day, I buy them to use them.
What’s wrong with the modern world in my opinion is that everything is viewed as an investment vehicle - people treating items like a Pokémon pack opening hoping to hit it big with that one item with a perceived high value.
In the video game world, only the crappiest of crap that didn't sell well became the pot of gold at the end of the rainbow. It seems the low production numbers were responsible to a BIG degree for the LP, V, explorer, etc. Just the low production numbers alone make for a bigger demand than supply today, yesterday, and 10-40 years ago. The mistake today is the demand will probably never exceed the supply of most of this junk. The covid era of guitars shrink in your hands rather than on a shelf of raw lumber where it should have had the time to dry out first. I understand no manufacturer had exemptions from the issue. I certainly see evidence of this.
A good return investment in a guitar is getting what you paid for it. I guess you never know if you’ll fall out of love with an instrument but it’s nice to know if you could get out.
I’ve built out a couple Warmoth guitars that i just freaking LOVE. i’ve posted the guitars on a couple forums just sharing and inevitably there’s always a couple comments about losing value and how i could never sell it for what i put into them. I’m like no kidding… Makes no sense to expect to make my money back but that never crossed my mind when i was building them. I wanted to unique guitar that was built to my specs. I’ve got zero regrets and don’t plan on selling them anyway.
the obsession with resale value is insane, i bought a TVL jazzmaster from a pawn shop for $700,l saw that its resale value was almost double that its probably worth less than the 700 i paid now because its my daily insturmetn and has seen some real abuse, thign was mint when i bought it now it has wear and tear or does that make it more valuable as a "relic" 🤔
I recently built a Warmoth bass for the same reasons. I have no intention of ever selling it and it's exactly to my specs. Still everyone I talk to seems to think that I intend to use it as a retirement plan or something lol
Building parts guitars is an entirely different territory than a serialized complete instrument. You're essentially fishing for a buyer who can assign an arbitrary value unique to their experience. Otherwise it's no different from buying a Fender neck with a Warmoth body. The value would be a percentage of the original guitar the serial number was designated to.
@coolerthanyou9548 if the damage is significant then it's a relic, if its minor blemishes and dents here and there then it's in poor condition. Definitely makes a lot of sense
I hate how every hobby and activity has turned into people scalping and trying to make money off it. Concerts, instruments, vinyl, beer, wine, video games, coffee, etc.
dont even get me started on bourbon taters, seeing dudes with 8 unopened bottles of standard buffalo trace they bought for $70/bottle like its a flex is somethin else
100 % thanks for sharing. Working in the guitar biz for 10 plus years, I have seen loads of people fall into this trap instead of just playing the guitars.
Had the same problem myself but with modding. I would spend so much time working on the guitars that i ended up almost never playing them. Lost years of progress. Now i play stock guitars only.
My go-to guitar is my 1991 Washburn MG74. From a resell persepective it's essentially worthless but just you try taking it from me. To me it's priceless and I happily spent twice what it was "worth" on a re-fret a few years ago. That guitar was my best "investment" ever.
@@mertmunson1417 My first was a Washburn WG587, I still have it but it needs some work. I wanna build a custom neck for it and put some nice pickups in. It'll be worth nothing to anyone but me, and to me that's pretty cool.
First "real guitar" was a Washburn RS10V. Neck got broken, so had it fixed, and the tech had just pulled out of a real PRS two Blues pickups, so had them fitted whilst he fixed the neck. Still have it, still love it, would never sell it, not that it's worth anything!
Why on earth would that come to mind? At a guess, it was covered recently at school, and you absolutely have to demonstrate how erudite you'd like to be. No? You're just a bellend then?
@@glennlilley8608 Dear Glen, it came to my mind too. But that's because I like to read books, and about twenty years ago read a book about it, and somehow it stuck in my mind. Reading is good. Perhaps you'd like to try it and become a useful member of society, instead of bad mouthing people making innocent comments. Yours, Mr Bellend.
100% agree with you. Guitars are tools...there is nothing magic about them. There is no secret mojo to a 1959 Les Paul - it is just an old guitar that came at the end of the run of a guitar that had bottomed out in popularity and then had a resurgence because pro guitarists started buying them used because they weren't made any more. That Kevin O'Leary video was laughable - some doofus guitar store salesguy saying an R8 or R9 is going to definitely be worth more in 10 years is ridiculous. Buy what inspires you to play and stop turning hobbies into investment schemes!
Funny fact is, used 1959s at some point were seen as a cheaper alternative, compared to the alternatives, precisely because few people actually played them. And now, they're seen as if they were the holy grail
@proudbrogressive315 i get the joke, but i saw Joe about 6 months ago, and he was selling a guitar. A signed limited edition Epiphone(ironically) les paul for just under $2300.
There's also the budget "one-off" guitars you sometimes see, like the Squier Vintage Modified Baritone Jazzmaster or the Squier Telecaster Bass (with an actual t-style body shape, instead of the p-bass style the "Telecaster bass" usually is). Those more niche budget guitars from semi-recent years (90s to 2010s) can go for more than they were initially sold for, because they're hard to find & nobody wants to get rid of them. But again, it's a gamble & those guitars could go back down in price when Squier/Epiphone/whatever decides to revive their niche designs; see, the Duo Sonic. Bad for me as a buyer, because finding one of those Vintage Modified Telecaster basses is a genuine pain.
Amen, I know what I'm doing, it's a money pit we love putting money into! Guitarists aren't necessarily a dying breed - but those with deep pockets and care about the collectables are. Most of our generation are players and creators with less coin, we care more about value and see how far even cheap guitars can take you. It's a toy, you will lose money on it - if it makes you smile, who cares? World is dark, life is short, light fires with money and spark joy (Y)
@@carloswhomusic I mean look, I know it's popular to hate on Gibsons, I have plenty of other options in the stable. But I do come back to my Gibson guitars and enjoy the hell out of them. I personally have purchased and played far too many guitars, and I'm not tied to Gibson through nostalgia, I'm genZ and grew up listening to more Ibanez's than I could count. If a brand did make make a better "Gibson" than Gibson, I'd be over the moon. But sincerely, I've owned nearly every alternative under 1k including all the epiphones, and I simply find them tangibly lacking. There is some truth to your statement, once the classic rock billfolds close, gibson will have to find a different justification for their ludicrous pricing, but they certainly can make very fine instruments. I'm not convinced they can fully die.
@@michaeldesrosier1068Agreed. I'd say that 99% of guitars are worth less than they cost. My Parker Fly(the finest guitar ever made) doesn't go go for what it cost, and it's got a built in Roland GK-3 pickup to boot. I'm not a dentist, and I don't buy guitars that I'm going to get down from the wall once a month for 20 minutes that cost a fortune. I have work guitars.
Good advice! Scarcity and pedigree are two of the largest factors in resale value of collectibles. The inherent value of an instrument is relatively low. Trogly is a flipper and not an investor of guitars. He finds instruments which are sold with unrecognized value and resells them at full value.
@@jamanjeval I don’t like trogly much, but no hate to that, dude is just using his knowledge to make money hustling lole If people are willing to pay those prices then I can’t hate the player, the game itself is fucked up
@@coolerthanyou9548 I don’t think there was any hate directed at Troggly by the above comment. They’re just defining him as something different. He IS a flipper, he buys cheap and sales at a markup driven by his knowledge and the fans he’s somehow managed to cultivate. That’s definitely flipping. He’s also an investor, there are guitars in his “personal collection” that will be for years, and some of them will definitely accrue value. Both can be true. I think the flipper thing gets a bit of a bad reputation because it’s taking deals away from those of us who aren’t flippers and resaling at a fair price. Yes, we’d all like to be the ones that got those original deals, but that isn’t realistic. As long as the price is fair then it’s no harm done, right? The only place Troggly’s flipping turns to grift, for me, is the markup that occurs because he’s had them. The other type of flipping behavior that I find noxious is when people scoop up limited editions with no intention of keeping - there were pre-ordered Dead Spec silver sky’s listed on reverb within minutes of their announcement at a significant markup. That’s irritating to me.
@@coolerthanyou9548 He gets on my nerves.. He only knows what he reads on the internet and he only gets views because people feel comfortable watching the same video, repeated in a different colour, for every guitar he buys to flip. How many times can people look at a Gibson electric guitar before realising they're pretty much all the same, with a different body shape and colour?.. On top of that I've lost count of the number of times he's got details wrong and I can't take the opinions of someone who can't play guitar seriously, when they act like they are the expert on guitars but people jump on any comment criticizing him, to tell you "You're jealous", if you say anything.
@alfsmith4936 I’ve only watched him a few times. I’m not super interested in super $$$ collecting. I can appreciate them but they don’t stir any significant desires to own one even if I had the $$$. If I was given one, I’d take care of it and play it but no way I’d purchase one.
I wouldn’t say guitars are an investment but if you buy right used then you shouldn’t lose money. I’ve owned about 25 guitars and I have never lost money on selling a guitar and that’s factoring inflation. Some of that’s luck but some of it is being a savvy buyer
You’re describing a mentality that is very much not characteristic of a guitar player! 😂 We’re all very impulsive and live in the moment; can’t wait to buy the right guitar. We just buy the one now knowing we’ll buy the next one later
@ you’re right. Somewhat my personality type to be cautious with money and try make sure it’s something that makes sense. A bit boring I know. However it also means I’ve gotten to try a lot and see it’s for me before parting ways with it. Recently bought a used Gibson custom shop ES-355 which I don’t suspect will make money, at best break even or lose a little bit but that’s because I love it 👍
Same. I rarely go out of my way to find anything specific but I only buy cheap and I only buy quality and I've never lost money on a guitar yet (touch wood..)
@@honkytonkinson9787 Yea, I was impulsive and bought a 2006 Jackson RR3 for 450 dollars. Thanks God I ended up liking it, although it was in a bit worse shape than described. And I'm a bass player...
It's the rare one-offs/limited runs that end up being 'good' investments; the original Hello Kitty Strat, some of the Joe Bonamassa limited runs, etc. It's totally luck, like you said. No one knew at the time that a certain guitar would end up being worth so much more than its MSRP, and most end up being worth less.
Precisely. If I had known that the Hello Kitty would go for the crazy prices they are today, I'd have bought the couple I found at 100 a pop years ago lol
I’ve never thought they’re an investment, I have found that with buying the big brands pre owned I’ve often sold them for what I paid for them and in a few cases a bit more, which at least feels like a good thing it’s essentially hasn’t cost anything to own for a few years, I will never buy new unless there is something I desperately want and you can’t get any other way
As someone who used to run a vintage dealership I can say with confidence that yes, most people have no understanding of how to invest money in guitars. It can absolutely be done in an intelligent way with reliable gains but only really on a long term basis with big-brand, fully original American vintage. The idea that buying a brand new custom shop is a "smart investment" is total folly, as is player grade vintage unless you can buy it pretty cheap and/or its a genuinely wonderful instrument in its own right. If you want a novel investment buy a Rolex not an R9 or a refinished 60s strat with non-original pickups.
Very good video, thank you. I buy two types of guitars. Either very good guitars that are used in perfect condition and sold at a discount or unbelievable great guitars that are less than $700 that I actually talk down 5 to 10% before purchasing. this includes Danelectro and A Squire. I looked at the Guitars as functional art. I just love looking at them and playing them.Sometimes I will sell one of them and either gain a few hundred or breakeven worst case scenario I will lose a couple hundred dollars. I do this with drums and drums also. It’s my happy addiction lol Keep up the good work mate.😎
I have "invested" money into two guitars and their original cases. One is a 2000 Gibson Les Paul Dale Earnhardt Jr signature series that was owned by Matthew Good. It is #006 of 300. Dale Jr. gave this guitar to Matthew as a gift. I have a signed letter from Matthew Good as a bill of sale. I got it for a great price as I knew his Guitar tech at the time. The other is a 1954 Gretsch Country Club that my guitar tech friend owned and used on the road when he was touring with Bryan Adams and allegedly allowed Brian Setzer to use for a couple songs in a guest appearance. Setzer then signed the back of the guitar. I purchased this guitar from my friend's widow after he passed. Again, I got the guitar for a good price. I don't intend to sell either one for a long time and may pass them down to my son but I also don't have any illusions that I will make a lot of money from either one. I do love them both because of their connection to my friend.
Great point. But there is a little bit of certanty in this. But before this a story. I recently got myself a custom shop that ended up being a scam and now I really want to let everyone now how bad those guitars and company are. Never thought of it as an investment but if sell the thing I won't even get 50% of money back. While the thing is my closet, an I'm thinking what to do with it. I got an old Ibanez for a very good price, and when I looked it up it's very unique instrument, that could go up in value both because it's right at the momet when it becomes classic instead of old, it's historic value (first non-signature production 7 string), and unique neck. I could flip it now for +200-300$ Simply on price speculation. But, I bought it for myself and I'm in love with it and planing to keep it forever if possible
To be fair to Trogly I bought a new Slash Jessica from him that he actually discounted a few hundred dollars plus no sales tax so I saved quite a bit. Technically it was used because he did a video on it but it was in as new condition and turned out to be one of my favorite guitars. So he did me right anyways.
Trogly gets the difference in views and sponsorships. He actually loses money on most guitars he buys. If you look at the new guitars he buys price vs what he sells them for
From somebody who's actually done this myself and considered flipping guitars it made the passion for the instrument temporarily go away and that is the issue. In anything in life. Whatever you purchase for your passion/hobby just do it for yourself and not for the financial gain. This will allow you more time doing what you love versus trying to make a few bucks here and there. Of course. Just my opinion! Great video and keep on rocking brother!
The weird thing about guitars is, that we expect them to go up in value, while everything else naturally goes down with usage. No saint person would expect a car to go up in value the more you drive it. It's a silly cult, this whole vintage guitar thing.
Honestly, I don't even think about the potential resale value of any guitar I buy. If I want to invest money, I'll buy real estate or some sh!t, not guitars.
Should note that the two listings of RR24’s you showed are both the limited edition models, which are rare and sought after. The normal models can still be bought at good prices (600-1000), where as the limiteds actual sales prices are around double of that (with exception of one or two which were sold shortly after Alexi’s passing). Still not a bad ‘investment’, but you might be dissapointed when you do ever want to sell it.
You are totally correct - the specs of the Limited is totally different to the standard RR24 - The limited has ivoroid neck and headstock binding and reversed sharkfin inlays and only 200 left the factory like this ! - KDH is not comparing Apples with Apples !!!
@@GOS61 Some say 75, some say 200, I'm not to sure, I feel like I see them posted on forums etc. quite a bit, so there might be more, however, because of it's link to Alexi it might just be that people just like showing them, which might make it seem like theres more of them. I'm fortunate enough to own both a LTD and a normal RR24, and they're both amazing instruments!
@@LT-ts8be It was estimated initially that 75 left the factory - but many years later in an e-mail from Fender in 2019 they divulged the true number which is actually 200 - I have a copy of the e-mail here ! I can send you a copy of the e-mail if you like !
In my humble opinion. I think the only way to break even or make a little money is obviously buy smart. NEVER pay what they are asking. You have to be willing to walk away. I just purchased an American made fender pro ii. I paid $1160 shipped to my door. That’s almost a $700 discount. I’m pretty confident if I wait out the dip in the market,I’ll at least get my money back, but like KDH says never buy for an investment. Great video!!
The peavey T series (t40, t60 are the big ones) comes to mind too, they used to be know as workhorse boat anchors that were available for ~300 bucks. They started getting traction and rose to 500-700. Now I see listings over 1K
If the guitar would hold value like that they'd never sell them in the first place. I truly hope we never see the like of 60s manufactured guitars prices again.
In Australia we have superannuation funds. The law allows you to invest your super In guitars or pretty much anything as long as it's not in your possession. A shop in Sydney was busted selling vintage guitars to multiple people and storing them in their vault. So are guitars a bad investment? Hell yes!
I am now sinking way more money than I should in customising some of my guitars lol and I was feeling kinda bad about this that I'm not gonna ever recoup that should I want to sell them. But I was exactly thinking that I DON'T want to ever sell them, and I want them to be the best they could for me. I had people commenting "why are you investing in this so much instead of taking something else that already is [whatever]”. And thing is, I'm also emotionally invested in my instruments, I don't wanna get rid of them, and I don't want yet more guitars that I won't need. I want my guitars that I already have to be what I want and need. This video helps me feel better about my choice lol
There was no better time to invest in instruments than in the 1990’s. After that it became very unlikely. Most of my guitar collection and vintage amplifiers were bought locally because people only sold locally. All have risen substantially in value, but I’m 54 - it’s eBay that levelled it all out and adjusted it all to market prices. Before that it was amazing fun - weekly yellow trading papers were the only source, people just didn’t understand the value of what they had - Free Ads / Ad Trader - got me some incredible stuff. I miss those days!
The Adam Jones signature fiasco was another “investment “ killer. Gibson stated they were doing a limited number and sold them for nearly $20k and one point. Then, a year later, they flooded the market with a USA model Custom and a USA model standard. Absolutely slaughtered the value of the original lot of signatures .
Not really about investing in guitars but one thing 90% of resellers don’t understand is that upgrades devalue the guitar almost every time. Putting $600 worth of upgrades in does not make your guitar worth an extra $600.
Yeah, I've seen some 7 strings with SD Pegasus and whatnot, almost at the same price as retail (50/100 USD off, at best). Like, why would I pay full price for a beat up POS with a rather niche pickup, when I can pay the same for a brand new? Some people really want to turn the guitar market into the next crypto scheme.
Bought a Gibson ES335 (Rich Robinson run of 500) in 2015 at a discount of $3600, people are listing them now on Reverb for $7K, and they’re selling at that price. The right example will hold it’s value or even appreciate.
In 1986 I bought a Gibson SG-400 special, pink in color. It was $650 new. I made it my primary axe, but I didn’t think about value at the time and traded out all the pickups for EMGs. Anyway, it’s a great guitar and I have never seen one in the quality shape that mine is on sales forums. It’s probably worth over a grand now. But think about; we’re talking almost forty years. And I remember the laughing look on the face of the salesperson back then because he knew I wasn’t buying a classic SG, but an odd “hair band” style guitar. I’m in Florida and my wife has claimed that pink SG as her own. That’s cool. She let me buy a gold top Les Paul that I’ll have to wait another 40 years to grow in value. Ha ha. Honestly, I have a Firefly single cutaway that I put Golden Age PAF pickups in that I absolutely adore. I wish I could sell the Gibson now, but I’ll probably end up passing it down. Bottom line, guitars are absolutely not investments. Neither are amplifiers.😊
I used to collect comics. Not as an investment, but because I like to read them. I keep them in plastic covers because I want to read them for quite a few years yet. Some of them are now indeed worth a bit of money. But I've seen people handle them with gloves, seal them into bags so that no one can use them, obsess over them as if they were jewellery or pets. But I'm perfectly aware that by the time my children are as old as me, almost all of those comics will be worthless. Because almost all of the people now obsessing over them will be dead. Guitars will probably go the same way, although it may take a little longer. So just enjoy them while you can.
I actually bought a diy guitar kit, knowing full well that in the end I would have a guitar that I would have to give away if I had to get rid of it. However, I bought it for fun, to learn, and to hopefully, in the end have a good, playable guitar. That is what I invested on.
Music Instruments are everywhere from great to terrible investments, it depends on make, model, desirability and overall demand. Also is it collectible ? It might lose value and overall supply can dry up. As well the music industry might forget about guitar music entirely!
You’re absolutely correct !! Although I bought all my guitars because I wanted them !! It’s now time because of my age to prune some out .. I started with my 94 predefined Parker Fly deluxe !! I’ve been told they are sought after !! I’m asking 3k no interest apart from views !! Also I have Ronnie Woods signiture Gibson Number 31 only 50 produced ! Still mint again no interest apart from views !! PRS Private Stock cost an arm and a leg !! Cost 10k I put in up for 8 !! Fortunately I don’t have to sell to pay any rent !! But I find everything you said is true .. but I still love them 🤘
The idea of guitars as investments probably comes from a time when old classic guitars were affordable but are now "vintage' guitars that, if you can afford them, you wouldn't dare take out of the house to play!
I’ve had several people message me on no trade guitars I’ve had for sale with their custom Kiesel multi scale trying to sell me on how one of a kind it is. Like bro if they still can’t get it right for you after everything you’ve asked for idk why I’d be happy with it.
Totally agree, if I look at my collection of about 24 guitars about 3 of them have increased in value, 2 have probably kept their value and the rest will have depreciated significantly. But to me, the music I've made on them and the experiences from gigging, teaching or even just practicing, they're all priceless
Not really prob only cost £35. But I see what your saying. My Columbus Bass had a neck bent like a banana so I kept the fingering up the top four frets, didn't know about neck adjustment. Oh youth.
I am half ashamed to admit spending some stupid money on guitar stuff... and I just play at home in my room occasionally for my own enjoyment. I'm not that good at all, but I enjoy them. I don't plan to sell this stuff off, certainly not for profit... I just enjoy them because they're nice.... and then my only excuse for sounding/playing terrible is that I don't practice enough XD
I agree with you ditto ditto three times whatever that means LOL same here I can play the guitar am I good no to another people hear me say so you can play the guitar he's good but knowing how other people playing the amount of time I put into it I'm not and you know I used to say well you know you're spending you know thousands of dollars on guitar equipment that you really you know aren't even that good and sometimes I don't touch any of it for months but the truth is it brings me joy and like you said I know that if I actually practiced I would get much better but things just kind of came easy to me so I never do it's horrible right LOL I was a professional drummer in the 80s the first time I sat down at a drum set when I was in my teens early teens I was able to play itthe only time I got good at it was when I was in a band for years of touring up and down the west coast of California in the 80s and we rehearsed a lot so of course I got better but left on my own I would have played it when I felt like it and it wouldn't have been practicing it would have been playing anyway this is a huge long reply that I could have done in two sentences so if you read this sorry about the length of it what you say I feel the same way you do and I'm not embarrassed anymore because I hear over and over and I know that you know you don't have to be an amazing guitarist to own an amazing guitar and what's the fun of playing a guitar that's like trying to pull teeth to play you know whether you're good or not that's not much fun anyway sincerely David Raphael AKA about the blind bedroom guitarist PS my next purchase will be a used fender supersonic 22 and a Harley Benton 2 by 12 inch 30 cabinet for what they're going for the speakers alone are worth more than this I get in the cabinet for free LOL and then I'll go on to buying an occasional guitar now and then and just keep doing that because it's what I enjoy at the momentsincerely David Rafael AKA Bob the blind bedroom guitarist PS excuse typos misspelled words lack of punctuation if that's how it is etcetera I'm blind that you speech to text and it has its own unique take on the English language
I'm totally in the same situation as you. I own far too many guitars. I view them as musical artwork. I don't play great and have a couple of favourites that I 'use' regularly. The rest are squirreled away for some mythical 'rainy day sale'. Well, sale time is rapidliy approaching and given the crappy/saturated state of the 2nd hand guitar market, I might be about to take a bit of a bath on some of them...
I have one of those 96' Korean Les Pauls. Fantastic guitar. Mine is bound and probably the "standard" model at the time. Its been a great investment - it still plays well even with the original frets. Amps might be a better investment but only in the sense that certain amps seem to hold their value well.
Thanks for your videos always informative always fun I own 11 guitars since 2016 after a 30-year hiatus of playing any instrument used to be a professional drama back in the 80s started to go blind in the 90s and kind of put down the instrument playing in general as of 2016 Denali on 1180 quality I didn't buy any of those guitars with any intention of selling them as a matter of fact there's one guitar I don't play too often and it's my least favorite I got a very good deal on it which is a PRS silver sky SE and even though I don't play it often and it's not really something I bonded with I'm not going to bother to sell it I bought a guitar every guitar I bought was a keeper unless there was something physically horribly wrong with it and with no intentions of selling them ever for any reason who won guitar probably that have gone up and maybe you can say it's an investment but it wasn't bored as an investment at the time as a matter of fact to me it was the most I've ever paid for any kind of instrument including drum sets back in the 80s LOL and that's my 2017 firebird 5 or 5:42 they call it in vintage sunbursta little over 1,300 brand new out the door delivered when the 2018s came out it was still 2017 when I bought the guitar and I'm sure it's worth more than $1,300 now it's been really nice shape how do you say I haven't played it recently in a while but yeah you know even if it went up to $10,000 which of course it's not I wouldn't sell it I love that guitar it was it was my guitar to own for my whole lifetime because Johnny went there was my favorite guitar still is and when I saw his picture on the still alive and well album with him holding it and then all the shows I seen him flying one I knew it was something I'd have to have at some point in my life I want to take a talk before I could even play guitar it was 73 when I got into Johnny went the late 72 early 73 when I was about 13 years old so I didn't stop playing guitar for another 7 yearsand I think as I said I don't know what they're getting for 2017 firebird tease in excellent condition maybe at some point I looked today's market of course this is a buyer's market but still you know I'm sure it's worth more than I paid for it people also think and I think you might have allowed to this in your video that you know well they paid $4,019.90 and it's worth 5,000 and 2025 you're going to lose money if this is the loss of money but I don't look at these things like that I buy them because I want them and because I like them😊 I have been thinking of investing a small amount of money every month and I'm thinking of gold you know I think that's sort of like makes more sense if I go to I guess where is jewelry will you buy it as an investment and you know just to keep your money and something you know that the government can't just electronically cancel it it's will it's not a bad thing guitar a whole other story drums on the liquor store and whole other story I agree with you 100% I guess that would have been the easiest way to make this, short and simple anyway please excuse me spell verse of punctuation etc I'm not stupid I'm not even illiterate although my friends like to say I am I'm blind are you speech to text again it has its only take unique take on the English language and how it's written and boy it can eviscerate a comment any way for the fourth time thank you sincerely David Raphael AKA Bob the blind bedroom guitarist
Many of the guitars I bought ten years ago here in Norway sells for double now. Back then the Norwegian Kroner were strong, and the dollar weak. Now its the other way around. I sold and bought many CS Gibson back then, I paid 1600 dollars used, now the same models sells for 3400 dollars used. Collings too. Now they’re out of reach, and I’ve stopped buying guitars cause it’s not fun anymore. Luckily I have all the guitars I need :)
I bought a LP 25/50 on eBay in 2001 and ended up selling it for about the same in 2013...due to cash flow issue. I totally agree that you should buy because it is a fantastic experience to play. My friend who had a normal LP thought it far superior but I hardly played it during the time I owned it (spent most of that time hanging on my friends wall as I move around a lot). There are a load of scam merchants out there selling stuff allegedly played by someone famous or having a dubious claim to elevated value. The advent of the web opened up an industry of auctions for vintage cars, toys etc and so a much increased pool of potential buyers.
What's different about the early MIJ Jackson comparison to re-issues, is the fact that it's not just the country of origin that holds value entirely, it's rather the specific factories that people know these guitars were crafted from. People in the 'know' that follow (the majority of your buyers) and value these older late 80s/90s/even early 00s "Chushin Gakki" factory made guitars that rivaled competitors (see: Professional line), that some have paid nearly triple the price in production in today's market know the difference and the weight it holds. There's a reason you see these guitars resell for the price of a used USA Jackson, sometimes higher. They were so competitive back in the day, that within companies OWN brands, that they had to stop production to bring back influenced to the revered "Made in USA" line of guitars. We're talking full package, fantastic pickups, neck-through construction, good materials, the best electronics, all the bells and whistles including mother of pearl inlays, binding around the neck and headstock. While I do agree that reintroducing a guitar that's been out of production may drop some guitars in value, I'm not fully convinced you'd be able to write off the value these axes still hold in the used guitar market, because of the impact that they had back in the day. At least that's my view on things, I don't really have a lot of skin in the game because I would never sell any of these Jacksons I own of my own volition(Pre-KV1 Mustaine JP Signature/RR Professional/Soloist). Great video!
Not everyone buys things with the intent of selling it later down the road. If it makes me happy and gives me something to do then its always a good investment. Why sell it?
Great video. Been thinking about this subject a lot recently. I hope to acquire all my future guitars with the prospect of never letting go of them, even if they get a 10000% price increase, I want an instrument that will be worth more to me in my possession than the amount of money someone could give me.
Troglodyte Needs to see this. He's drank too much of Gibson Cool Aid. Thanks for this topic It's something that needs talking about.. Just play have FUN.😂
@@infinidominion As long as there are people who really believe that Gibson does not have the exact specs of these guitars and every two years they find one minuscule detail that makes the new release the closest to the real deal ever they will make tons of money of the RI bursts.
About 20 years ago an acquaintance (Dave) I meet thru of a friend of mine decide that G&L guitars would be where he was going to invest ALL his money (screw contributing to the 401K). He was literally buying a Guitar every few weeks and had a bunch of G&Ls on order. I lost touch with Dave over the but always wondered how he made out. It seemed insane at the time and still seems insane today. If you spend 10k X some number on a famous guitar players guitar..in 20 years, would it be and investment? ..guess it depends on their lingering popularity .
Nothing against trogly but he’s like the penny stock salesman of guitars. He buys one, crates a market by discussing how rare it is and how his is a “prime” example. Sells at height of market. Market returns to normal.
He also pours over all the used Les Paul listings to buy them cheap, thereby reducing the average person's chances of getting a good deal on a used LP. I don't know why anyone likes him and his practices... but plenty of people seem to.
@@216trixie You're under no obligation to agree, but conflating what I've said by using your "Lex Luthor" simile is hugely inaccurate. You might change your tune if you're in the market for a used Gibson Les Paul and can't find one at a good price because someone like Trogly got to Reverb before you, (only to increase the price and then flog it to someone else who could've bought it 15% cheaper if not for him).
It’s not that, he essentially is the same as the guy who would buy all the toilet paper and then make a video about there being a TP shortage to rake in the profits
I’ve never bought a guitar (or anything) as an investment. The only one I have that’s increased in price is a Fender Custom-shop Gilmour NOS Strat (which I be,I’ve is his current go to guitar). I paid £3,000 for it new and once he sold the ‘black Strat’ Fender stopped production, I’ve seen them sell for over £10,000 I have no intention of selling it, it was bought in memory of my farther, the in,y ones pleased with the increase in price are my insurers 😂 I’ve had a few guitars that have held their price but none I’ve sold for profit
I’m actually a financial planner who’s played guitar for decades. Guitars in general are horrible investments. 😂😂😂. Horrible! “Well so-called “financial advisor” what about the most expensive guitar out there, the 1959 Les Paul?” Sure if you were lucky if enough to get one. But no one knew at the time. When those guitars came out no one wanted them. So if you went back to 1959 with 1959 eyes you wouldn’t buy one because you would have hated it. No one had any idea any of those old guitars would be worth anything. Total luck. And investing isn’t supposed to be luck, if you’re any good at it.
The 59 Les Paul also only became overpriced because Eric Clapton played one. Back then, as you said, no one wanted them and were seen as a relatively cheap option, even compared to the SG.
There is an important distinction to be made between instruments that have accumulated value over time (either accidentally or circumstantially, as mentioned in the vid) and instruments that are seen as deliberate 'investments'. My 1980 Rickenbacker 4001 cost me £400 in 1990 and instruments of this era are now rare to find under 2K. Similarly, I have a 1983 US Jazz Bass that was £350 in 1994 and was recently valued at £1K (would have been a little more but was modded). They were bought to be played and have the scars to prove it, but its nice to know they have accrued value. However, that has taken decades and the added value is minimal in the grand scheme of things.
My guitars are pretty much all worth what I paid or more. None of them are from the 70s. You buy guitars to play and then limited run guitars to sell later.
No. Try to resell something, esp of value, that isn't Fender or Gibson. Go on. I've been around long enough to know, yeah other guitars may go up in value but finding a BUYER for something that isn't pre 70s Fender or Gibson that is willing to pay up, good luck.
I used to buy and sell guitars quite a bit but the insane markup and ridiculous shipping costs make me nauseous. Now i build my own and enjoy the guitars i purchased years ago at a much fairer price.
Did I invest in a strandberg? Yes. Did I think it would increase in value? Yes. Did it? No. Do I love it and do I play it every day to invest in myself and my happiness? Absolutely.
At 11:24, not sure if you're aware of this, but the listings you showed for the RR24's were actually for the limited edition version of the guitar that was released before the standard RR24 models. The key difference being the binding on the neck, the reverse inlays, and I read they had an original floyd rose not the fr-1000. The rumor about those is that there were only 75 made and ofcourse some ties to Alexi with it being intended as a signature model, which of course we know isnt true (I watched your RR24 video). I bought one in 2016 with the hardshell case for $950, and I emailed Jackson about this and they told me they had made I think around 200 of them just as a limited edition run.
the original Squier Hello Kitty did go up in value but now that Fender has reissued it, who knows where the value of the original ones will go. But i dont think guitars are good investments but i have noticed that USA Gibsons and USA Fenders will depreciate in value over time in a slower way than cheap guitars.
I guess it depends on the guitar, but most don't depreciate 50%. That's quite a lot. I'd say 20% is closer. For example, if you were to buy an Ibanez RG550 Genesis brand new, and you decide you don't want it after the return period, you could definitely sell it for $800 if it is in the same condition you bought it. No dents, scratches, etc.
These sort of assets mean nothing without having some sort of history to them, which actually raises their value. There can be situations when initial price and sound do not even have much factor in the valuation. Just look at Airline prior to and after Jack White became famous. But we can look at various guitars which were used by the alternative and indie bands in the late 80's and early 90's who only picked those up, because they were affordable, as no one else wanted them. I have a Fender Telecaster Standard from April of the year when production was reintroduced and it is one of the models which were built from leftover parts from the warehouse. Also, based on the signatures it seems like it was built by the guys who later became masterbuilders in the custom shop. that said, the guitar is still is a Standard Tele and I cannot see or hear any significant difference between mine and another Standard which was made later. However, because of the history and relative rarity - alongside the great condition - there is a chance that this guitar will go up in price at a certain point compared to other Telecaster Standards.
I bought a Jackson DKMGT made in Japan 20 years ago for 750 Euros. I replaced the pickups with Fishman Fluence Modern Hubs and added locking tuners. It's in very good condition, and I use it frequently.
musical instruments are TOOLS, tools used to build and create music. End of story, close the book, walk away. Imagine walking into a hardware shop, buying the most expensive hammer, chisel, screwdriver, power drill, router etc, taking them home, hanging them in your workshop and NEVER using them. Hell imagine walking into an arts & crafts shop, buying paint brushes, paint, pencils and canvases and then NEVER painting or drawing with them. I hate what the internet and social media especially has done to creativity and art.
I’ve seen the same PRS on Craigslist for 8 months because it’s priced at $1000 below its MSRP. The dentist who is buying a PRS isn’t getting it from a parking lot in Target. And if you happen to do any mods or have a tiny scratch on it the value plummets because these are mostly purchased for decoration
yeah treating them as investments is cringe unless it's something extremely noteworthy and of historical significance, and at that point it's less "an instrument" and more a collectable. will prob edit comment when im done with the vid lol
Can't stand Trogly and his mark ups (and fake laugh) just because he thinks he adds value just with his annoying reviews. I guess he has a gullible market though. Geek Boy Fandom?
His mark ups don't affect me at all, but when I watch one of his videos, I learn a bit about that model guitar. Not sure why his buying and selling guitars would bother me any more than my local guitar shops doing the same thing.
I used to have a 1976 Gibson Custom Triple Pickup 'Black Beauty'. All original parts. It's resell, unless cleverly marketed is probably not much different than what a brand new one goes for. I wound up giving it to my oldest daughter.
Good points! Guitars/amps/gear are at best long term investments. I only buy stuff I think is fun and want to play. I probably should sell some though, as I'm running out of space to keep it in.
Ive owned 40 or so higher-end guitars. Most of them were sold at a loss or about the same as I paid. On a few, I made some money. The thing is, if it was about profit, there are far safer and more profitable investments to make.
the biggest mistake in economics is the assumption that humans are rational actors who behave in their own self-interest. Guitars *can* be investments but like you said, it's 100% vibes-based. The only genuine close-to-certain "investment pieces" are like, real 1959 Les Pauls and pre-war Martins. Things with established history, scarcity, *and* a story behind them. The number of 1934 000-45s will never go up, which is why their value will hold. Also, a very lukewarm defence of Trogly; he genuinely does know a lot about Gibson guitars, so even if he wasn't a popular UA-camr he'd already have a leg up over your average Joe because he knows what listings are deals and what are rip-offs. You're absolutely right about the "celebrity" markup though
I bought guitars mostly because I wanted them. But I won’t deny that sometimes you do notice an appreciation over the years, some more dramatic then others, especially if you buy used or discounted, and of course from limited runs!
had 2 mim player series teles,sold one in feb,got my used asking price easily,sold the other later in the year,then fender released player 2,had to come down in price a bit to shift.still made more on both than i paid for them though.dont think ive ever lost money on resale from lowest end squiers to high end guitars,but then im quite well researched,and have had loads of guitars over the years.never buy for profit,allways something i want to try,and will play all at least for a few months before selling.plenty of bargains popping up now,but unless massively discounted,still hard to shift,no one has the disposable income anymore,then theres the real used bargains,if you see something,you have to decide real quick,within hour if you want it,as the dealer boys/stores with the das kapital will spot/buy,give a polish and you will see same guitar next week for more than double the price.
I have about 20 guitars, and I never bought any of them with the thought about what will happen to their value.
Mah boy.
Same. I buy em them to use them for the TOOL that they are. No don't abuse them, but I don't worry about scratching it when playing or dingingg it, they're tools. I take care of them, but at the end of the day, I buy them to use them.
Same. I bought them for me. They are worth far more to me than they are out there out in the market…
Exactly. Guitars meant to be played, not resold like Pokémon cards
You should try to sell some of them to Kevin O'Leary. 😂
What’s wrong with the modern world in my opinion is that everything is viewed as an investment vehicle - people treating items like a Pokémon pack opening hoping to hit it big with that one item with a perceived high value.
In the video game world, only the crappiest of crap that didn't sell well became the pot of gold at the end of the rainbow. It seems the low production numbers were responsible to a BIG degree for the LP, V, explorer, etc.
Just the low production numbers alone make for a bigger demand than supply today, yesterday, and 10-40 years ago.
The mistake today is the demand will probably never exceed the supply of most of this junk.
The covid era of guitars shrink in your hands rather than on a shelf of raw lumber where it should have had the time to dry out first. I understand no manufacturer had exemptions from the issue. I certainly see evidence of this.
A good return investment in a guitar is getting what you paid for it. I guess you never know if you’ll fall out of love with an instrument but it’s nice to know if you could get out.
Lmao dude absolutely true society is pressed with this exact kind of thinking. lol
gambling is awesome
Related: every hobby has to be a side hustle. You're supposed to make money in your free time too.
I’ve built out a couple Warmoth guitars that i just freaking LOVE. i’ve posted the guitars on a couple forums just sharing and inevitably there’s always a couple comments about losing value and how i could never sell it for what i put into them. I’m like no kidding… Makes no sense to expect to make my money back but that never crossed my mind when i was building them. I wanted to unique guitar that was built to my specs. I’ve got zero regrets and don’t plan on selling them anyway.
the obsession with resale value is insane, i bought a TVL jazzmaster from a pawn shop for $700,l saw that its resale value was almost double that
its probably worth less than the 700 i paid now because its my daily insturmetn and has seen some real abuse, thign was mint when i bought it now it has wear and tear
or does that make it more valuable as a "relic" 🤔
I recently built a Warmoth bass for the same reasons. I have no intention of ever selling it and it's exactly to my specs. Still everyone I talk to seems to think that I intend to use it as a retirement plan or something lol
Building parts guitars is an entirely different territory than a serialized complete instrument. You're essentially fishing for a buyer who can assign an arbitrary value unique to their experience. Otherwise it's no different from buying a Fender neck with a Warmoth body. The value would be a percentage of the original guitar the serial number was designated to.
same here i like my parts casters because i tailor to my OWN taste for my own enjoyment,
@coolerthanyou9548 if the damage is significant then it's a relic, if its minor blemishes and dents here and there then it's in poor condition. Definitely makes a lot of sense
I hate how every hobby and activity has turned into people scalping and trying to make money off it.
Concerts, instruments, vinyl, beer, wine, video games, coffee, etc.
Spot on!!!!! Could not agree more!!! It sucks!
Remember when you could just have fun hobbies without trying to monetize them?
Blame the economy inequality.
Bro, you left out marriage. lol 😂
dont even get me started on bourbon taters, seeing dudes with 8 unopened bottles of standard buffalo trace they bought for $70/bottle like its a flex is somethin else
100 % thanks for sharing. Working in the guitar biz for 10 plus years, I have seen loads of people fall into this trap instead of just playing the guitars.
Had the same problem myself but with modding. I would spend so much time working on the guitars that i ended up almost never playing them. Lost years of progress. Now i play stock guitars only.
Great video! I couldn't agree more - also congratulations on hitting 100k subscribers!
Did really not expect to see you here!
Please do a video on guitar market! 😁
@@Chillnote Me neither! But thinking about it, Irish and Investing related, not surprised 😅
Proof again that everyone from Ireland knows each other
Wow. UA-cam's ultimate rapper on a guitar channel.
My go-to guitar is my 1991 Washburn MG74. From a resell persepective it's essentially worthless but just you try taking it from me. To me it's priceless and I happily spent twice what it was "worth" on a re-fret a few years ago. That guitar was my best "investment" ever.
My first electric guitar ever was a Black Washburn. And like an idiot and at the risk of sounding cliche... I wish I still had it. It changed my life.
@@mertmunson1417 My first was a Washburn WG587, I still have it but it needs some work. I wanna build a custom neck for it and put some nice pickups in. It'll be worth nothing to anyone but me, and to me that's pretty cool.
First "real guitar" was a Washburn RS10V. Neck got broken, so had it fixed, and the tech had just pulled out of a real PRS two Blues pickups, so had them fitted whilst he fixed the neck. Still have it, still love it, would never sell it, not that it's worth anything!
Dutch tulip mania from the 1600’s comes to mind.
People paying crazy amount for tulips. Until the market crashed.
Why on earth would that come to mind?
At a guess, it was covered recently at school, and you absolutely have to demonstrate how erudite you'd like to be.
No?
You're just a bellend then?
@ Someone is a bit triggered. Bad day?
@nieko3038 dismissing someone who calls a bellend a bellend as triggered doesn't do your attempt at cool any favours
@@glennlilley8608 Dear Glen, it came to my mind too. But that's because I like to read books, and about twenty years ago read a book about it, and somehow it stuck in my mind. Reading is good. Perhaps you'd like to try it and become a useful member of society, instead of bad mouthing people making innocent comments. Yours, Mr Bellend.
@@nieko3038 well done for keeping your cool (Y)
100% agree with you. Guitars are tools...there is nothing magic about them. There is no secret mojo to a 1959 Les Paul - it is just an old guitar that came at the end of the run of a guitar that had bottomed out in popularity and then had a resurgence because pro guitarists started buying them used because they weren't made any more. That Kevin O'Leary video was laughable - some doofus guitar store salesguy saying an R8 or R9 is going to definitely be worth more in 10 years is ridiculous.
Buy what inspires you to play and stop turning hobbies into investment schemes!
Funny fact is, used 1959s at some point were seen as a cheaper alternative, compared to the alternatives, precisely because few people actually played them. And now, they're seen as if they were the holy grail
"Investment Grade Guitar"? They've made that up!
They should just call them dentist guitars and move on.
@@Eric_01They're for Blues Lawyers, but I guess there could be some Jazz Dentists out there too.
Bonamassa fans
@@TheRealcdawg22 That is the better phrase. I concede.
@proudbrogressive315 i get the joke, but i saw Joe about 6 months ago, and he was selling a guitar. A signed limited edition Epiphone(ironically) les paul for just under $2300.
There's also the budget "one-off" guitars you sometimes see, like the Squier Vintage Modified Baritone Jazzmaster or the Squier Telecaster Bass (with an actual t-style body shape, instead of the p-bass style the "Telecaster bass" usually is). Those more niche budget guitars from semi-recent years (90s to 2010s) can go for more than they were initially sold for, because they're hard to find & nobody wants to get rid of them. But again, it's a gamble & those guitars could go back down in price when Squier/Epiphone/whatever decides to revive their niche designs; see, the Duo Sonic.
Bad for me as a buyer, because finding one of those Vintage Modified Telecaster basses is a genuine pain.
Amen, I know what I'm doing, it's a money pit we love putting money into!
Guitarists aren't necessarily a dying breed - but those with deep pockets and care about the collectables are. Most of our generation are players and creators with less coin, we care more about value and see how far even cheap guitars can take you. It's a toy, you will lose money on it - if it makes you smile, who cares?
World is dark, life is short, light fires with money and spark joy (Y)
Gibson's current success is based on nostalgia. Once the classic rock generation dies, Gibson dies.
@@carloswhomusic I mean look, I know it's popular to hate on Gibsons, I have plenty of other options in the stable. But I do come back to my Gibson guitars and enjoy the hell out of them.
I personally have purchased and played far too many guitars, and I'm not tied to Gibson through nostalgia, I'm genZ and grew up listening to more Ibanez's than I could count. If a brand did make make a better "Gibson" than Gibson, I'd be over the moon. But sincerely, I've owned nearly every alternative under 1k including all the epiphones, and I simply find them tangibly lacking.
There is some truth to your statement, once the classic rock billfolds close, gibson will have to find a different justification for their ludicrous pricing, but they certainly can make very fine instruments. I'm not convinced they can fully die.
"So, is this an investment grade Chibson?"
You joke, but people are out here spending a couple grand on japanese gibson knock off, so who knows.
@@michaeldesrosier1068Agreed. I'd say that 99% of guitars are worth less than they cost. My Parker Fly(the finest guitar ever made) doesn't go go for what it cost, and it's got a built in Roland GK-3 pickup to boot. I'm not a dentist, and I don't buy guitars that I'm going to get down from the wall once a month for 20 minutes that cost a fortune. I have work guitars.
@@michaeldesrosier1068 that would be because the Japanese ones are better than the US-made ones...
A very necessary video and I'm glad it was you who made it, KDH. Thank you.
Maybe the real investments were the friends and memories we made along the way? But like, actually that? :D
So basically crypto, but even dumber
Good advice! Scarcity and pedigree are two of the largest factors in resale value of collectibles. The inherent value of an instrument is relatively low. Trogly is a flipper and not an investor of guitars. He finds instruments which are sold with unrecognized value and resells them at full value.
@@jamanjeval I don’t like trogly much, but no hate to that, dude is just using his knowledge to make money hustling lole
If people are willing to pay those prices then I can’t hate the player, the game itself is fucked up
@@coolerthanyou9548 I don’t think there was any hate directed at Troggly by the above comment. They’re just defining him as something different. He IS a flipper, he buys cheap and sales at a markup driven by his knowledge and the fans he’s somehow managed to cultivate. That’s definitely flipping. He’s also an investor, there are guitars in his “personal collection” that will be for years, and some of them will definitely accrue value. Both can be true.
I think the flipper thing gets a bit of a bad reputation because it’s taking deals away from those of us who aren’t flippers and resaling at a fair price. Yes, we’d all like to be the ones that got those original deals, but that isn’t realistic. As long as the price is fair then it’s no harm done, right? The only place Troggly’s flipping turns to grift, for me, is the markup that occurs because he’s had them.
The other type of flipping behavior that I find noxious is when people scoop up limited editions with no intention of keeping - there were pre-ordered Dead Spec silver sky’s listed on reverb within minutes of their announcement at a significant markup. That’s irritating to me.
@@coolerthanyou9548 He gets on my nerves.. He only knows what he reads on the internet and he only gets views because people feel comfortable watching the same video, repeated in a different colour, for every guitar he buys to flip. How many times can people look at a Gibson electric guitar before realising they're pretty much all the same, with a different body shape and colour?.. On top of that I've lost count of the number of times he's got details wrong and I can't take the opinions of someone who can't play guitar seriously, when they act like they are the expert on guitars but people jump on any comment criticizing him, to tell you "You're jealous", if you say anything.
@@coolerthanyou9548 yea, no hate on him from me but it’s not my game to play with flipps.
@alfsmith4936 I’ve only watched him a few times. I’m not super interested in super $$$ collecting. I can appreciate them but they don’t stir any significant desires to own one even if I had the $$$. If I was given one, I’d take care of it and play it but no way I’d purchase one.
I wouldn’t say guitars are an investment but if you buy right used then you shouldn’t lose money. I’ve owned about 25 guitars and I have never lost money on selling a guitar and that’s factoring inflation. Some of that’s luck but some of it is being a savvy buyer
You’re describing a mentality that is very much not characteristic of a guitar player! 😂
We’re all very impulsive and live in the moment; can’t wait to buy the right guitar. We just buy the one now knowing we’ll buy the next one later
@ you’re right. Somewhat my personality type to be cautious with money and try make sure it’s something that makes sense. A bit boring I know. However it also means I’ve gotten to try a lot and see it’s for me before parting ways with it. Recently bought a used Gibson custom shop ES-355 which I don’t suspect will make money, at best break even or lose a little bit but that’s because I love it 👍
@@Kjm041 I agree with you though. If you buy used, and you’re patient, you probably won’t lose any money!
Same. I rarely go out of my way to find anything specific but I only buy cheap and I only buy quality and I've never lost money on a guitar yet (touch wood..)
@@honkytonkinson9787 Yea, I was impulsive and bought a 2006 Jackson RR3 for 450 dollars. Thanks God I ended up liking it, although it was in a bit worse shape than described. And I'm a bass player...
It's the rare one-offs/limited runs that end up being 'good' investments; the original Hello Kitty Strat, some of the Joe Bonamassa limited runs, etc. It's totally luck, like you said. No one knew at the time that a certain guitar would end up being worth so much more than its MSRP, and most end up being worth less.
Precisely. If I had known that the Hello Kitty would go for the crazy prices they are today, I'd have bought the couple I found at 100 a pop years ago lol
I’ve never thought they’re an investment, I have found that with buying the big brands pre owned I’ve often sold them for what I paid for them and in a few cases a bit more, which at least feels like a good thing it’s essentially hasn’t cost anything to own for a few years, I will never buy new unless there is something I desperately want and you can’t get any other way
Good, honest and most importantly smart advice👍
As someone who used to run a vintage dealership I can say with confidence that yes, most people have no understanding of how to invest money in guitars. It can absolutely be done in an intelligent way with reliable gains but only really on a long term basis with big-brand, fully original American vintage. The idea that buying a brand new custom shop is a "smart investment" is total folly, as is player grade vintage unless you can buy it pretty cheap and/or its a genuinely wonderful instrument in its own right. If you want a novel investment buy a Rolex not an R9 or a refinished 60s strat with non-original pickups.
Very good video, thank you. I buy two types of guitars. Either very good guitars that are used in perfect condition and sold at a discount or unbelievable great guitars that are less than $700 that I actually talk down 5 to 10% before purchasing. this includes Danelectro and
A Squire. I looked at the Guitars as functional art. I just love looking at them and playing them.Sometimes I will sell one of them and either gain a few hundred or breakeven worst case scenario I will lose a couple hundred dollars.
I do this with drums and drums also. It’s my happy addiction lol
Keep up the good work mate.😎
I have "invested" money into two guitars and their original cases. One is a 2000 Gibson Les Paul Dale Earnhardt Jr signature series that was owned by Matthew Good. It is #006 of 300. Dale Jr. gave this guitar to Matthew as a gift. I have a signed letter from Matthew Good as a bill of sale. I got it for a great price as I knew his Guitar tech at the time.
The other is a 1954 Gretsch Country Club that my guitar tech friend owned and used on the road when he was touring with Bryan Adams and allegedly allowed Brian Setzer to use for a couple songs in a guest appearance. Setzer then signed the back of the guitar. I purchased this guitar from my friend's widow after he passed. Again, I got the guitar for a good price.
I don't intend to sell either one for a long time and may pass them down to my son but I also don't have any illusions that I will make a lot of money from either one. I do love them both because of their connection to my friend.
Is your friend Keith Scott or his guitar tech?
Great point. But there is a little bit of certanty in this. But before this a story. I recently got myself a custom shop that ended up being a scam and now I really want to let everyone now how bad those guitars and company are. Never thought of it as an investment but if sell the thing I won't even get 50% of money back. While the thing is my closet, an I'm thinking what to do with it. I got an old Ibanez for a very good price, and when I looked it up it's very unique instrument, that could go up in value both because it's right at the momet when it becomes classic instead of old, it's historic value (first non-signature production 7 string), and unique neck. I could flip it now for +200-300$ Simply on price speculation. But, I bought it for myself and I'm in love with it and planing to keep it forever if possible
To be fair to Trogly I bought a new Slash Jessica from him that he actually discounted a few hundred dollars plus no sales tax so I saved quite a bit. Technically it was used because he did a video on it but it was in as new condition and turned out to be one of my favorite guitars. So he did me right anyways.
Good to hear. I’m not a fan, but I can’t really say he’s a bad guy. Opportunist, yeah, sure, but I certainly don’t think he’s a crook.
Trogly gets the difference in views and sponsorships. He actually loses money on most guitars he buys. If you look at the new guitars he buys price vs what he sells them for
@ that’s good to know, I certainly won’t be watching to see what they’re coming and going for. Thanks again. :)
He has his haters but he's living his dream, unlike most wage slaves.
@@stephenfoley1261 👍🏼
From somebody who's actually done this myself and considered flipping guitars it made the passion for the instrument temporarily go away and that is the issue. In anything in life. Whatever you purchase for your passion/hobby just do it for yourself and not for the financial gain. This will allow you more time doing what you love versus trying to make a few bucks here and there. Of course. Just my opinion! Great video and keep on rocking brother!
The weird thing about guitars is, that we expect them to go up in value, while everything else naturally goes down with usage. No saint person would expect a car to go up in value the more you drive it. It's a silly cult, this whole vintage guitar thing.
Some cars do, but that’s the 1% of the cases, and in case of guitars everyone wants to think they’re part of that exceptional group
@@Irkennalpha Exactly!
sane person, not saint person
@@notnoaintno5134 Oohps :) That's certainly not what I meant to write :)
Most likely autocorrect typo
Thanks so much for making us all aware of this. You obviously keep things real and truthful. Happy Christmas 🎄🎄🎄. Subscribed. 👌🏻
I buy a guitar with the understanding half the value or more is instantly gone and get worse from there
Hey look a guy who doesnt have to sit on reverb listings for months 😅 i applaud you
Honestly, I don't even think about the potential resale value of any guitar I buy. If I want to invest money, I'll buy real estate or some sh!t, not guitars.
Great video i had own over 16 guitars and all left handed it was a struggle to sell them now i own 9 and im happy no need anymore
Should note that the two listings of RR24’s you showed are both the limited edition models, which are rare and sought after. The normal models can still be bought at good prices (600-1000), where as the limiteds actual sales prices are around double of that (with exception of one or two which were sold shortly after Alexi’s passing). Still not a bad ‘investment’, but you might be dissapointed when you do ever want to sell it.
You are totally correct - the specs of the Limited is totally different to the standard RR24 - The limited has ivoroid neck and headstock binding and reversed sharkfin inlays and only 200 left the factory like this ! - KDH is not comparing Apples with Apples !!!
@@GOS61 Some say 75, some say 200, I'm not to sure, I feel like I see them posted on forums etc. quite a bit, so there might be more, however, because of it's link to Alexi it might just be that people just like showing them, which might make it seem like theres more of them. I'm fortunate enough to own both a LTD and a normal RR24, and they're both amazing instruments!
@@LT-ts8be It was estimated initially that 75 left the factory - but many years later in an e-mail from Fender in 2019 they divulged the true number which is actually 200 - I have a copy of the e-mail here ! I can send you a copy of the e-mail if you like !
Woops, I just made a comment with the saying the same thing 😅. I have one of the limited edition RR24's, bought it for $950 back in 2016.
In my humble opinion.
I think the only way to break even or make a little money is obviously buy smart. NEVER pay what they are asking. You have to be willing to walk away.
I just purchased an American made fender pro ii. I paid $1160 shipped to my door. That’s almost a $700 discount. I’m pretty confident if I wait out the dip in the market,I’ll at least get my money back, but like KDH says never buy for an investment. Great video!!
The peavey T series (t40, t60 are the big ones) comes to mind too, they used to be know as workhorse boat anchors that were available for ~300 bucks. They started getting traction and rose to 500-700. Now I see listings over 1K
Time to sell, I guess
I bought an 8M serial number T60 in 2017 for around $650 and I remember thinking that was pricey.
And lastly, thank you again for another great video. And congrats for going over 100 K. You richly deserve your success and much more in the future.
If the guitar would hold value like that they'd never sell them in the first place. I truly hope we never see the like of 60s manufactured guitars prices again.
In Australia we have superannuation funds. The law allows you to invest your super In guitars or pretty much anything as long as it's not in your possession. A shop in Sydney was busted selling vintage guitars to multiple people and storing them in their vault. So are guitars a bad investment? Hell yes!
I am now sinking way more money than I should in customising some of my guitars lol and I was feeling kinda bad about this that I'm not gonna ever recoup that should I want to sell them. But I was exactly thinking that I DON'T want to ever sell them, and I want them to be the best they could for me. I had people commenting "why are you investing in this so much instead of taking something else that already is [whatever]”. And thing is, I'm also emotionally invested in my instruments, I don't wanna get rid of them, and I don't want yet more guitars that I won't need. I want my guitars that I already have to be what I want and need. This video helps me feel better about my choice lol
Just hang on to the original parts and throw them in with the sale if it ever comes to that. I think that helps sales of modded guitars.
Excellent video. This is my favorite thing ever on your channel!
There was no better time to invest in instruments than in the 1990’s. After that it became very unlikely. Most of my guitar collection and vintage amplifiers were bought locally because people only sold locally. All have risen substantially in value, but I’m 54 - it’s eBay that levelled it all out and adjusted it all to market prices. Before that it was amazing fun - weekly yellow trading papers were the only source, people just didn’t understand the value of what they had - Free Ads / Ad Trader - got me some incredible stuff. I miss those days!
I agree. I bought a 1961 Gibson Les Paul (sg shape) in 1995 for £1500. Insurance have valued it at £18,000 for this year!
The Adam Jones signature fiasco was another “investment “ killer. Gibson stated they were doing a limited number and sold them for nearly $20k and one point. Then, a year later, they flooded the market with a USA model Custom and a USA model standard. Absolutely slaughtered the value of the original lot of signatures .
Not really about investing in guitars but one thing 90% of resellers don’t understand is that upgrades devalue the guitar almost every time.
Putting $600 worth of upgrades in does not make your guitar worth an extra $600.
Yeah, I've seen some 7 strings with SD Pegasus and whatnot, almost at the same price as retail (50/100 USD off, at best). Like, why would I pay full price for a beat up POS with a rather niche pickup, when I can pay the same for a brand new?
Some people really want to turn the guitar market into the next crypto scheme.
Bought a Gibson ES335 (Rich Robinson run of 500) in 2015 at a discount of $3600, people are listing them now on Reverb for $7K, and they’re selling at that price. The right example will hold it’s value or even appreciate.
The guitar didnt increase in value, the dollar decreased
There is that.
Nah, Gibson increased in scumbaggery
Dumb comment. Every investment has to be viewed through that lens. Stocks, real estate, PMS, everything.
In 1986 I bought a Gibson SG-400 special, pink in color. It was $650 new. I made it my primary axe, but I didn’t think about value at the time and traded out all the pickups for EMGs. Anyway, it’s a great guitar and I have never seen one in the quality shape that mine is on sales forums. It’s probably worth over a grand now. But think about; we’re talking almost forty years. And I remember the laughing look on the face of the salesperson back then because he knew I wasn’t buying a classic SG, but an odd “hair band” style guitar.
I’m in Florida and my wife has claimed that pink SG as her own. That’s cool. She let me buy a gold top Les Paul that I’ll have to wait another 40 years to grow in value. Ha ha.
Honestly, I have a Firefly single cutaway that I put Golden Age PAF pickups in that I absolutely adore. I wish I could sell the Gibson now, but I’ll probably end up passing it down.
Bottom line, guitars are absolutely not investments. Neither are amplifiers.😊
I used to collect comics. Not as an investment, but because I like to read them. I keep them in plastic covers because I want to read them for quite a few years yet. Some of them are now indeed worth a bit of money. But I've seen people handle them with gloves, seal them into bags so that no one can use them, obsess over them as if they were jewellery or pets. But I'm perfectly aware that by the time my children are as old as me, almost all of those comics will be worthless. Because almost all of the people now obsessing over them will be dead. Guitars will probably go the same way, although it may take a little longer. So just enjoy them while you can.
I actually bought a diy guitar kit, knowing full well that in the end I would have a guitar that I would have to give away if I had to get rid of it. However, I bought it for fun, to learn, and to hopefully, in the end have a good, playable guitar. That is what I invested on.
Music Instruments are everywhere from great to terrible investments, it depends on make, model, desirability and overall demand. Also is it collectible ? It might lose value and overall supply can dry up. As well the music industry might forget about guitar music entirely!
You’re absolutely correct !! Although I bought all my guitars because I wanted them !! It’s now time because of my age to prune some out .. I started with my 94 predefined Parker Fly deluxe !! I’ve been told they are sought after !! I’m asking 3k no interest apart from views !! Also I have Ronnie Woods signiture Gibson Number 31 only 50 produced ! Still mint again no interest apart from views !! PRS Private Stock cost an arm and a leg !! Cost 10k I put in up for 8 !! Fortunately I don’t have to sell to pay any rent !! But I find everything you said is true .. but I still love them 🤘
The idea of guitars as investments probably comes from a time when old classic guitars were affordable but are now "vintage' guitars that, if you can afford them, you wouldn't dare take out of the house to play!
Nicely explained, well done 👏🏼
I’ve had several people message me on no trade guitars I’ve had for sale with their custom Kiesel multi scale trying to sell me on how one of a kind it is. Like bro if they still can’t get it right for you after everything you’ve asked for idk why I’d be happy with it.
Totally agree, if I look at my collection of about 24 guitars about 3 of them have increased in value, 2 have probably kept their value and the rest will have depreciated significantly. But to me, the music I've made on them and the experiences from gigging, teaching or even just practicing, they're all priceless
I bought a columbus strat for 8 quid from a charity shop - that had depreciated a bit hadn't it!!
Not really prob only cost £35. But I see what your saying. My Columbus Bass had a neck bent like a banana so I kept the fingering up the top four frets, didn't know about neck adjustment. Oh youth.
I am half ashamed to admit spending some stupid money on guitar stuff... and I just play at home in my room occasionally for my own enjoyment.
I'm not that good at all, but I enjoy them.
I don't plan to sell this stuff off, certainly not for profit... I just enjoy them because they're nice.... and then my only excuse for sounding/playing terrible is that I don't practice enough XD
🍻
I agree with you ditto ditto three times whatever that means LOL same here I can play the guitar am I good no to another people hear me say so you can play the guitar he's good but knowing how other people playing the amount of time I put into it I'm not and you know I used to say well you know you're spending you know thousands of dollars on guitar equipment that you really you know aren't even that good and sometimes I don't touch any of it for months but the truth is it brings me joy and like you said I know that if I actually practiced I would get much better but things just kind of came easy to me so I never do it's horrible right LOL I was a professional drummer in the 80s the first time I sat down at a drum set when I was in my teens early teens I was able to play itthe only time I got good at it was when I was in a band for years of touring up and down the west coast of California in the 80s and we rehearsed a lot so of course I got better but left on my own I would have played it when I felt like it and it wouldn't have been practicing it would have been playing anyway this is a huge long reply that I could have done in two sentences so if you read this sorry about the length of it what you say I feel the same way you do and I'm not embarrassed anymore because I hear over and over and I know that you know you don't have to be an amazing guitarist to own an amazing guitar and what's the fun of playing a guitar that's like trying to pull teeth to play you know whether you're good or not that's not much fun anyway sincerely David Raphael AKA about the blind bedroom guitarist PS my next purchase will be a used fender supersonic 22 and a Harley Benton 2 by 12 inch 30 cabinet for what they're going for the speakers alone are worth more than this I get in the cabinet for free LOL and then I'll go on to buying an occasional guitar now and then and just keep doing that because it's what I enjoy at the momentsincerely David Rafael AKA Bob the blind bedroom guitarist PS excuse typos misspelled words lack of punctuation if that's how it is etcetera I'm blind that you speech to text and it has its own unique take on the English language
I'm totally in the same situation as you. I own far too many guitars. I view them as musical artwork. I don't play great and have a couple of favourites that I 'use' regularly. The rest are squirreled away for some mythical 'rainy day sale'. Well, sale time is rapidliy approaching and given the crappy/saturated state of the 2nd hand guitar market, I might be about to take a bit of a bath on some of them...
I have one of those 96' Korean Les Pauls. Fantastic guitar. Mine is bound and probably the "standard" model at the time. Its been a great investment - it still plays well even with the original frets. Amps might be a better investment but only in the sense that certain amps seem to hold their value well.
Basiclly 100 percent of guitars don't beat the s&p 500, compound interest makes the world go round
Yes! I just made a similar comment.
Thanks for your videos always informative always fun I own 11 guitars since 2016 after a 30-year hiatus of playing any instrument used to be a professional drama back in the 80s started to go blind in the 90s and kind of put down the instrument playing in general as of 2016 Denali on 1180 quality I didn't buy any of those guitars with any intention of selling them as a matter of fact there's one guitar I don't play too often and it's my least favorite I got a very good deal on it which is a PRS silver sky SE and even though I don't play it often and it's not really something I bonded with I'm not going to bother to sell it I bought a guitar every guitar I bought was a keeper unless there was something physically horribly wrong with it and with no intentions of selling them ever for any reason who won guitar probably that have gone up and maybe you can say it's an investment but it wasn't bored as an investment at the time as a matter of fact to me it was the most I've ever paid for any kind of instrument including drum sets back in the 80s LOL and that's my 2017 firebird 5 or 5:42 they call it in vintage sunbursta little over 1,300 brand new out the door delivered when the 2018s came out it was still 2017 when I bought the guitar and I'm sure it's worth more than $1,300 now it's been really nice shape how do you say I haven't played it recently in a while but yeah you know even if it went up to $10,000 which of course it's not I wouldn't sell it I love that guitar it was it was my guitar to own for my whole lifetime because Johnny went there was my favorite guitar still is and when I saw his picture on the still alive and well album with him holding it and then all the shows I seen him flying one I knew it was something I'd have to have at some point in my life I want to take a talk before I could even play guitar it was 73 when I got into Johnny went the late 72 early 73 when I was about 13 years old so I didn't stop playing guitar for another 7 yearsand I think as I said I don't know what they're getting for 2017 firebird tease in excellent condition maybe at some point I looked today's market of course this is a buyer's market but still you know I'm sure it's worth more than I paid for it people also think and I think you might have allowed to this in your video that you know well they paid $4,019.90 and it's worth 5,000 and 2025 you're going to lose money if this is the loss of money but I don't look at these things like that I buy them because I want them and because I like them😊 I have been thinking of investing a small amount of money every month and I'm thinking of gold you know I think that's sort of like makes more sense if I go to I guess where is jewelry will you buy it as an investment and you know just to keep your money and something you know that the government can't just electronically cancel it it's will it's not a bad thing guitar a whole other story drums on the liquor store and whole other story I agree with you 100% I guess that would have been the easiest way to make this, short and simple anyway please excuse me spell verse of punctuation etc I'm not stupid I'm not even illiterate although my friends like to say I am I'm blind are you speech to text again it has its only take unique take on the English language and how it's written and boy it can eviscerate a comment any way for the fourth time thank you sincerely David Raphael AKA Bob the blind bedroom guitarist
I always get a good chuckle out of seeing guitars that have mods or “upgrades” trying to be sold at the same price as new.
Many of the guitars I bought ten years ago here in Norway sells for double now. Back then the Norwegian Kroner were strong, and the dollar weak. Now its the other way around. I sold and bought many CS Gibson back then, I paid 1600 dollars used, now the same models sells for 3400 dollars used. Collings too. Now they’re out of reach, and I’ve stopped buying guitars cause it’s not fun anymore. Luckily I have all the guitars I need :)
Welcome to earth. To say it's a shitshow is an extreme understatement.
I bought a LP 25/50 on eBay in 2001 and ended up selling it for about the same in 2013...due to cash flow issue. I totally agree that you should buy because it is a fantastic experience to play. My friend who had a normal LP thought it far superior but I hardly played it during the time I owned it (spent most of that time hanging on my friends wall as I move around a lot). There are a load of scam merchants out there selling stuff allegedly played by someone famous or having a dubious claim to elevated value. The advent of the web opened up an industry of auctions for vintage cars, toys etc and so a much increased pool of potential buyers.
My wife better not see this video title!
Good work. Againa you show incite, intelligent summary and critical thinking. Keep it up.
I used to sell Hello Kitty Squiers with 300% profit now they probably will go down with the new , better made Hello Kitty edition
I always preferred the Encore Spongebob guitars.
What's different about the early MIJ Jackson comparison to re-issues, is the fact that it's not just the country of origin that holds value entirely, it's rather the specific factories that people know these guitars were crafted from.
People in the 'know' that follow (the majority of your buyers) and value these older late 80s/90s/even early 00s "Chushin Gakki" factory made guitars that rivaled competitors (see: Professional line), that some have paid nearly triple the price in production in today's market know the difference and the weight it holds.
There's a reason you see these guitars resell for the price of a used USA Jackson, sometimes higher.
They were so competitive back in the day, that within companies OWN brands, that they had to stop production to bring back influenced to the revered "Made in USA" line of guitars.
We're talking full package, fantastic pickups, neck-through construction, good materials, the best electronics, all the bells and whistles including mother of pearl inlays, binding around the neck and headstock.
While I do agree that reintroducing a guitar that's been out of production may drop some guitars in value, I'm not fully convinced you'd be able to write off the value these axes still hold in the used guitar market, because of the impact that they had back in the day.
At least that's my view on things, I don't really have a lot of skin in the game because I would never sell any of these Jacksons I own of my own volition(Pre-KV1 Mustaine JP Signature/RR Professional/Soloist).
Great video!
Not everyone buys things with the intent of selling it later down the road. If it makes me happy and gives me something to do then its always a good investment. Why sell it?
Great video. Been thinking about this subject a lot recently. I hope to acquire all my future guitars with the prospect of never letting go of them, even if they get a 10000% price increase, I want an instrument that will be worth more to me in my possession than the amount of money someone could give me.
Troglodyte Needs to see this. He's drank too much of Gibson Cool Aid. Thanks for this topic
It's something that needs talking about.. Just play have FUN.😂
I don't think he or Gibson are having trouble selling tho even the bogus ones, that's the problem
I think it might be different if you're basically a dealer, which is what I consider Trogley to be.
@@infinidominion As long as there are people who really believe that Gibson does not have the exact specs of these guitars and every two years they find one minuscule detail that makes the new release the closest to the real deal ever they will make tons of money of the RI bursts.
About 20 years ago an acquaintance (Dave) I meet thru of a friend of mine decide that G&L guitars would be where he was going to invest ALL his money (screw contributing to the 401K).
He was literally buying a Guitar every few weeks and had a bunch of G&Ls on order.
I lost touch with Dave over the but always wondered how he made out. It seemed insane at the time and still seems insane today.
If you spend 10k X some number on a famous guitar players guitar..in 20 years, would it be and investment? ..guess it depends on their lingering popularity .
Nothing against trogly but he’s like the penny stock salesman of guitars. He buys one, crates a market by discussing how rare it is and how his is a “prime” example. Sells at height of market. Market returns to normal.
He also pours over all the used Les Paul listings to buy them cheap, thereby reducing the average person's chances of getting a good deal on a used LP. I don't know why anyone likes him and his practices... but plenty of people seem to.
Oh my god he's 1 man buying a few guitars. You guys act like he's lex luthor.
@@216trixie You're under no obligation to agree, but conflating what I've said by using your "Lex Luthor" simile is hugely inaccurate.
You might change your tune if you're in the market for a used Gibson Les Paul and can't find one at a good price because someone like Trogly got to Reverb before you, (only to increase the price and then flog it to someone else who could've bought it 15% cheaper if not for him).
@@castleanthrax1833 I have bought three used Gibsons for good prices in the years that I have been watching Trogly. You guys are hilarious.
It’s not that, he essentially is the same as the guy who would buy all the toilet paper and then make a video about there being a TP shortage to rake in the profits
I’ve never bought a guitar (or anything) as an investment.
The only one I have that’s increased in price is a Fender Custom-shop Gilmour NOS Strat (which I be,I’ve is his current go to guitar).
I paid £3,000 for it new and once he sold the ‘black Strat’ Fender stopped production, I’ve seen them sell for over £10,000
I have no intention of selling it, it was bought in memory of my farther, the in,y ones pleased with the increase in price are my insurers 😂
I’ve had a few guitars that have held their price but none I’ve sold for profit
I’m actually a financial planner who’s played guitar for decades. Guitars in general are horrible investments. 😂😂😂. Horrible! “Well so-called “financial advisor” what about the most expensive guitar out there, the 1959 Les Paul?” Sure if you were lucky if enough to get one. But no one knew at the time. When those guitars came out no one wanted them. So if you went back to 1959 with 1959 eyes you wouldn’t buy one because you would have hated it. No one had any idea any of those old guitars would be worth anything. Total luck. And investing isn’t supposed to be luck, if you’re any good at it.
The 59 Les Paul also only became overpriced because Eric Clapton played one. Back then, as you said, no one wanted them and were seen as a relatively cheap option, even compared to the SG.
There is an important distinction to be made between instruments that have accumulated value over time (either accidentally or circumstantially, as mentioned in the vid) and instruments that are seen as deliberate 'investments'. My 1980 Rickenbacker 4001 cost me £400 in 1990 and instruments of this era are now rare to find under 2K. Similarly, I have a 1983 US Jazz Bass that was £350 in 1994 and was recently valued at £1K (would have been a little more but was modded).
They were bought to be played and have the scars to prove it, but its nice to know they have accrued value. However, that has taken decades and the added value is minimal in the grand scheme of things.
if it isnt made before 1970 by Fender or Gibson, its not an investment
My early Destroyers might disagree. 😁
My guitars are pretty much all worth what I paid or more. None of them are from the 70s. You buy guitars to play and then limited run guitars to sell later.
Wrong buddy
@@jacobwhitehead2461 idk, i buy shit to play not to sit on. If I had some fuck off money, hell yeah Id have my closet stuffed with dentist guitars
No. Try to resell something, esp of value, that isn't Fender or Gibson. Go on. I've been around long enough to know, yeah other guitars may go up in value but finding a BUYER for something that isn't pre 70s Fender or Gibson that is willing to pay up, good luck.
I used to buy and sell guitars quite a bit but the insane markup and ridiculous shipping costs make me nauseous. Now i build my own and enjoy the guitars i purchased years ago at a much fairer price.
Did I invest in a strandberg? Yes. Did I think it would increase in value? Yes. Did it? No. Do I love it and do I play it every day to invest in myself and my happiness? Absolutely.
At 11:24, not sure if you're aware of this, but the listings you showed for the RR24's were actually for the limited edition version of the guitar that was released before the standard RR24 models. The key difference being the binding on the neck, the reverse inlays, and I read they had an original floyd rose not the fr-1000. The rumor about those is that there were only 75 made and ofcourse some ties to Alexi with it being intended as a signature model, which of course we know isnt true (I watched your RR24 video). I bought one in 2016 with the hardshell case for $950, and I emailed Jackson about this and they told me they had made I think around 200 of them just as a limited edition run.
I Just bought a fender American pro ii at a $700 discount
Sounds like you bought mine. 😂
@ 😁 it’s definitely a buyers market
the original Squier Hello Kitty did go up in value but now that Fender has reissued it, who knows where the value of the original ones will go. But i dont think guitars are good investments but i have noticed that USA Gibsons and USA Fenders will depreciate in value over time in a slower way than cheap guitars.
The moment you walk out of store with guitars its value drops 50% if you want to sell it to shop and around 30% if you sell it yourself
Same logic applies to cars, too.
thats how video games are. you buy them for 65-70 and if you turned around and sold it back you would be lucky to get 35-40
I guess it depends on the guitar, but most don't depreciate 50%. That's quite a lot. I'd say 20% is closer. For example, if you were to buy an Ibanez RG550 Genesis brand new, and you decide you don't want it after the return period, you could definitely sell it for $800 if it is in the same condition you bought it. No dents, scratches, etc.
thank you for this!
I bought a 2004 American Strat for 800 this week. I really scored.
sick
nice thats lucky
@ indeed!!
I bought a new Ibanez baritone for just over 1222. No, that's not a score, I'm just flexing 😂
A new 2004 fender strat use to cost 1000 bucks back in 2004... so not a good score mate...😂
not necessarily, but for how careless most people are yes i do agree
also depends on just notability of the manufacturer etc
this is a 20 minute video that was uploaded 3 minutes ago. you commented 2 minutes ago.
@ and the title states the opinion, i responded to that opinion. the video states the opinion again. go to school buddy
@@IdolMako 🙄
These sort of assets mean nothing without having some sort of history to them, which actually raises their value. There can be situations when initial price and sound do not even have much factor in the valuation. Just look at Airline prior to and after Jack White became famous. But we can look at various guitars which were used by the alternative and indie bands in the late 80's and early 90's who only picked those up, because they were affordable, as no one else wanted them. I have a Fender Telecaster Standard from April of the year when production was reintroduced and it is one of the models which were built from leftover parts from the warehouse. Also, based on the signatures it seems like it was built by the guys who later became masterbuilders in the custom shop. that said, the guitar is still is a Standard Tele and I cannot see or hear any significant difference between mine and another Standard which was made later. However, because of the history and relative rarity - alongside the great condition - there is a chance that this guitar will go up in price at a certain point compared to other Telecaster Standards.
The idea of non-guitar players collecting expensive instruments just to hold as collector items, makes me nauseous.
How does that negatively affect you?
@@sagittated I thought that was clear, it makes me nauseous. That's pretty negative.
I bought a Jackson DKMGT made in Japan 20 years ago for 750 Euros. I replaced the pickups with Fishman Fluence Modern Hubs and added locking tuners. It's in very good condition, and I use it frequently.
musical instruments are TOOLS, tools used to build and create music. End of story, close the book, walk away.
Imagine walking into a hardware shop, buying the most expensive hammer, chisel, screwdriver, power drill, router etc, taking them home, hanging them in your workshop and NEVER using them.
Hell imagine walking into an arts & crafts shop, buying paint brushes, paint, pencils and canvases and then NEVER painting or drawing with them.
I hate what the internet and social media especially has done to creativity and art.
If I buy an expensive hammer and rarely use it, it doesn't affect you or your hammer or your view of hammers in any way at all.
I’ve seen the same PRS on Craigslist for 8 months because it’s priced at $1000 below its MSRP. The dentist who is buying a PRS isn’t getting it from a parking lot in Target. And if you happen to do any mods or have a tiny scratch on it the value plummets because these are mostly purchased for decoration
yeah treating them as investments is cringe unless it's something extremely noteworthy and of historical significance, and at that point it's less "an instrument" and more a collectable.
will prob edit comment when im done with the vid lol
“It’s all a gamble”. In fairness that goes for any kind of investing not just guitars.
I completely agree. There are a lot worse investments than guitars if you are sensible with what you buy.
Can't stand Trogly and his mark ups (and fake laugh) just because he thinks he adds value just with his annoying reviews. I guess he has a gullible market though. Geek Boy Fandom?
I think most of his audience are autistic. They watch the same video over and over, with a different coloured guitar
Can't play fandom.
Trogly is pretty innocuous. The guy just likes Gibsons and tearing them down.
His mark ups don't affect me at all, but when I watch one of his videos, I learn a bit about that model guitar. Not sure why his buying and selling guitars would bother me any more than my local guitar shops doing the same thing.
@@sagittated You can learn more by looking on Google and the people at your local guitar shop (as if there's many left..) can probably play guitar.
That Mark Morton guitar is super sweet, you should play it more. Do a Sunday restring please
love your videos
I used to have a 1976 Gibson Custom Triple Pickup 'Black Beauty'. All original parts. It's resell, unless cleverly marketed is probably not much different than what a brand new one goes for. I wound up giving it to my oldest daughter.
Good points! Guitars/amps/gear are at best long term investments. I only buy stuff I think is fun and want to play. I probably should sell some though, as I'm running out of space to keep it in.
Ive owned 40 or so higher-end guitars. Most of them were sold at a loss or about the same as I paid. On a few, I made some money. The thing is, if it was about profit, there are far safer and more profitable investments to make.
the biggest mistake in economics is the assumption that humans are rational actors who behave in their own self-interest. Guitars *can* be investments but like you said, it's 100% vibes-based. The only genuine close-to-certain "investment pieces" are like, real 1959 Les Pauls and pre-war Martins. Things with established history, scarcity, *and* a story behind them. The number of 1934 000-45s will never go up, which is why their value will hold.
Also, a very lukewarm defence of Trogly; he genuinely does know a lot about Gibson guitars, so even if he wasn't a popular UA-camr he'd already have a leg up over your average Joe because he knows what listings are deals and what are rip-offs. You're absolutely right about the "celebrity" markup though
I bought guitars mostly because I wanted them. But I won’t deny that sometimes you do notice an appreciation over the years, some more dramatic then others, especially if you buy used or discounted, and of course from limited runs!
Thanks. This was good to see.
had 2 mim player series teles,sold one in feb,got my used asking price easily,sold the other later in the year,then fender released player 2,had to come down in price a bit to shift.still made more on both than i paid for them though.dont think ive ever lost money on resale from lowest end squiers to high end guitars,but then im quite well researched,and have had loads of guitars over the years.never buy for profit,allways something i want to try,and will play all at least for a few months before selling.plenty of bargains popping up now,but unless massively discounted,still hard to shift,no one has the disposable income anymore,then theres the real used bargains,if you see something,you have to decide real quick,within hour if you want it,as the dealer boys/stores with the das kapital will spot/buy,give a polish and you will see same guitar next week for more than double the price.