Archive for the ‘Non Gibson Guitars’ Category

When is a Gibson not a Gibson?

Wednesday, November 20th, 2019

Not a Gibson but still, a Gibson. This is a 59 Sheraton-one of only 3 made. NY pickups, big vee neck, Frequensator tailpiece and the coolest guitar I’ve ever owned.

There are two answers to this question. The obvious one is “when it’s a Chinese fake.” The other one, if you know your guitar history isn’t that hard either-when it’s an 59-69 Epiphone. OK, go ahead and argue that the post ’69 Epiphone are still Gibsons but we all know they really aren’t. Gibson owns Epiphone but the folks who make modern Gibsons don’t make Epiphones. They are made all over Asia. They can be very nice guitars but that’s a different post. From 59-69 (more or less), Epiphone were made in Kalamazoo by the same folks, on the same assembly line, from mostly the same materials as your favorite Gibson models of the day. And they are wonderful guitars.

I really should write about the solid bodies at some point but since this blog is really about semi hollows, I’ll stick to them for now. Today, since I just got another one, I’ll talk about the Sheraton. The top of the Epiphone semi hollow line and the equivalent of the ES-355 (again, more or less). The Sheraton model didn’t exist before the sale of the Epiphone company to Gibson in, I believe, late 1957. In fact, nearly every “Gibson Epiphone” was a new model derived from an existing Gibson model. Epiphone was meant to be a lower line of guitars from the Gibsons but you would barely know that-the prices were pretty close and the specs were, other than the pickups, nearly identical. 

The Sheraton is a very fancy guitar. The inlay are much more intricate than the big blocks of a 355. The headstock inlay is pretty fancy as well. While nearly all 355’s were shipped with a Bigsby, the Sheraton was shipped with either a “Frequensator” trapeze or a “Trem-o-tone” vibrato tailpiece. The former is quite good, although the concept is a little weird. The Trem-o-tone looks pretty cool but it really doesn’t work very well. So, look for the frequensator if you are buying.

The Sheraton went through, essentially, three iterations before Epiphone was moved to Japan. The first is my favorite but all three are really great guitars if you can find them. The production numbers were really low. The first version had the best neck I’ve ever played on any guitar, ever. It’s a 5 piece with a fairly hard vee with good depth and a width close to 1 3/4″. These necks were leftovers from the old Epiphone NY factory and Gibson used them until they were gone (by 1961 or so). The fancy abalone and MOP inlays stayed for the duration however. The 59’s and most of the 60’s had what are known as NY pickups which were also a leftover part from Epiphone. They are, contrary to what you might read elsewhere, single coils, not mini hums. Great pickups but not real screamers. They are relatively low output and very sweet and musical.

1962 was a year of considerable change for the Sheraton. While the “short” headstock was yet to be extended, the neck lost 5 piece construction (the vee profile was gone by 61) and was contoured, more or less, like the Gibsons of the era-fairly wide (1 11/16″) and fairly slim (.82 or so). The NY pickup was gone and replaced by PAF mini hum buckers. These are excellent pickups but are more aggressive than the old ones and the guitar is rather a different animal. There are a few out there that were routed for the NY pickups but were fitted with mini hums and goof rings. Always plan ahead.

By 64, the Sheraton had acquired the long headstock that is still associated with the brand. The necks became slimmer still and the nut width was slimmed down to 1 9/16″. There are 64’s and 65’s and maybe even some 66’s with wider nuts-the Sheraton was such a low volume guitar that a 64 build could have been shipped as late as 66. Still fancy though right up to the end of the line in late 68. You might find one shipped as a 69 but that’s the year the brand was shipped off to Asia to become what it is today.

Vintage Sheratons are priced much lower than Gibson and are a real bargain in a market where bargains are rare. There aren’t a lot of them, so it might take some time for one to pop up for sale. I prefer the early ones but I’ve never played one I didn’t like. Blondes are stupid rare-you can count the 59’s and 60’s on one hand. You can count the 61-63’s on two hands and a foot. But even the rarest of the blondes can be had for under $30K. Compare that to a blonde 335 for as much as 4 times that. Or compare it to a blonde 355 which is early nonexistent. I’ve owned one. I know of just three more. The price of a blonde 355 can break into 6 figures with ease. Can’t find a blonde? A sunburst Sheraton is more common and usually priced around 30% lower than a blonde. Red ones are rare. 

61 and 62 Sheratons.

Verities and Rarities

Saturday, July 27th, 2019
This guitar is crazy rare but not crazy expensive. It’s a 60 Epiphone Sheraton and you could probably buy one (if you could find one) for under $30K.
Two rare stop tail 355’s. They only made around a dozen. These are expensive because you want one.

One of the great truths about vintage guitars is the fact that rarity usually doesn’t count for much. We all know how valuable a 58-60 Les Paul is but there were more than 1600 of them made so it’s not exactly rare. A blonde 58-60 ES-335 can be had for less than half the price (still a lot of money) even though they made about 1/8 as many. Wait. It gets worse. Look at a less popular guitar like a blonde Epiphone Sheraton. A great, great guitar made right alongside the very pricey blonde 335’s, 345’s and 355’s. Some of those Gibson badged blondies have reached the $125,000 mark but a Sheraton? Not even close.

Let’s look at some raw numbers. There are only perhaps ten 59-64 blonde 355’s. They will sell in the $75K-$125K range depending on year. There are only 12 Sheratons from 59-60 (NY pickups) and 29 from 61-63. A 59 or 60 will cost you perhaps $28K if you can find one which I assure you, you probably can’t. A 61-62 blonde Sheraton will cost you maybe $22K. Need a

Anyway, you get the idea. Rare doesn’t count much especially in models that aren’t very popular. But there’s a whole ‘nother kind of rarity that needs a little sunlight. Take a very, very popular model like a 335. Within every year, there are rarities that you simply don’t see. The factory customs and one offs that you may not even be aware of. The blonde block neck is one of those. I know of two of them. A 63 and a lefty 64. There are probably a couple more out there but, believe me, you won’t see many of them. A red 59 dot neck (or a red 58) is another. I know of 6 red 59’s- most of which have Bigsby’s and, famously, one 58. There are around 10 red 59 345’s. There are 5 black 59 345’s and, as far as I know, 3 black 59 355’s, one of which belongs to Keith Richards. Here’s the reality. There is no logic to the values.

But a blonde block neck is rarer and impossible to set a fair value on. I’d rather have the more common blonde dot neck just because I like the earlier 335’s and they are so much easier to find. 211 blonde dot necks . 2 blocks. Do the math. A blonde block neck should be outrageously expensive. Block necks from 62-64 are wildly popular and not cheap-$20K plus for a good stop tail. So, where does that put a blonde 62-64 ES-335? Conventional wisdom used to be double the price of a common color. OK, the a blonde 63 should be $42K or so. Then why is a collector grade sunburst 59 dot neck $40K but a similar blonde is three times that (and 100 times more common than a blonde block)? Like I said, there is no logic.

There is an easily understood explanation to the seemingly random and illogical valuation of rare vintage guitars (this is the “verities” part of the post). It’s simple. Do you want one really badly? Yes? Then expect to pay some very serious money for it. That’s how it works.

How about a 60 355 with a Super 400 board and a Byrdland tailpiece? Probably one of a kind but not particularly valuable. Probably because it never occurred to you to want one.
They didn’t make any block neck 335’s in blonde. Except this 63 and a lefty 64. As rare as they come but not six figure expensive. I want one. Do you?