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Archive for August, 2017

A Little Nostalgia

Sunday, August 27th, 2017
This might have been the coolest catalog of all. They made about a gazillion different guitars and even though they were never at the level of Gibson or Fender, they had the cool factor above everyone else.

This might have been the coolest catalog of all. Vox made about a gazillion different guitars and even though they were never at the level of Gibson or Fender, they had the cool factor above everyone else. I carried this around with me all through ’66.

Imagine a world with no internet. OK, if you had to imagine it, you’re too young to get this post. But if you remember how life was before everyone was connected-like it or not-this may speak to you.

Within the first minute or so of the Beatles first Ed Sullivan Show appearance, I decided I would be a guitar player. I share this moment with a few million kids around my age. I was 11 and a half at the time (February 9, 1964) and immediately started bugging my father for a guitar. He brought home a Kay flat top from Woolworths that cost him somewhere around 15 bucks. “Learn to play it and I’ll get you something better.” I think he figured he was safe since follow through was not my greatest strength as a child. But that’s a whole ‘nother story.

Hermie's in Schenectady where retail rules. Still there with the same sign out front. I'm pretty sure Hermie himself is no longer with us, however. I haven't set foot in the store since 1964 but it looks exactly the same- from the outside anyway..

Hermie’s in Schenectady where retail plus 10% rules. Still there with the same sign out front. I’m pretty sure Hermie himself is no longer with us, however. I was thrown out of Hermies at least 25 times.

What strikes me now is how hard it was to know just what guitars were out there and who made them and how much did they cost and what made this guitar better than that guitar. We had just a few ways to learn about them. There were two music stores in Schenectady, NY where I grew up. The oft maligned (by me) Hermie’s who sold Fenders and Martins and would charge full retail plus another 10% to set up the guitar and deliver it (who charges to set up a new guitar?) The other music store was Georges and they sold Gibsons and cheap Japanese junk with the name St. George. The Gibsons were mostly big jazz boxes that were lined up in a glass case. Nobody was allowed to play them and especially not little kids. Hermies was even worse. Hermie would literally toss us out of his store if we didn’t intend to buy anything. Later-in 66 or 67, he would throw you out if you had long hair. So, at least we could see some of the guitars that were available from the big manufacturers and find out how much they cost. I remember asking for a Gibson brochure at Georges and a Fender brochure at Hermie’s. They both said essentially the same thing…”these brochures cost money” (which they didn’t-they were always free to dealers)-and “come back with your parents if you want one.” So, no brochures or catalogs.  At least not from the local dealers. We would write a letter to the company and about 6 weeks later, get a catalog in the mail. I heard back from Fender, Gibson, Epiphone and Vox. I took them with me everywhere I went. They were in tatters from thumbing through them and drooling.

TV was a great way to get a good look at the guitars of the day. The first 335 I ever saw was in the hands of Johnny Rivers on the after school TV show “Shindig” or was it “Hullabaloo”. It was red but it was hard to tell on black and white TV. We didn’t get a color TV until around 67. Those two TV shows (and Bandstand) and a couple of others often gave us our first glimpse of a Jazzmaster or a Sheraton or a Vox Phantom. I remember seeing the Hollies on “Hullabaloo” and playing “Look Through Any Window” with Tony Hicks playing a Phantom 12. Coolest thing I ever saw. I went out and bought the single the next day and the Hollies were a personal favorite from that moment on. It was a pretty crappy 12 string once I got to play one years later but the coolness factor was off the charts. I remember getting the Vox brochure which was a big foldout affair that said “Vox: It’s What’s Happening.” A few years later, I would buy a Vox Royal Guardsman amp. Worst piece of crap I ever owned. Nice speakers though (Celestion Silvers) and a half decent built in fuzz. The thing was broken more often than it worked. Traded it for ’64 Showman 15. The Fender brochure always had lots of cool stuff but the one that caught my eye was the Bass VI. Cool design, three pickups and a whammy but it was a bass and I was a guitar player. Why couldn’t they use that cool half Strat/half Jazzmaster body for a guitar? I didn’t actually own a Bass VI until last Friday when one walked into my shop and I bought it. Still a really cool guitar (uh, bass).

Album covers were the other way to learn about guitars. I remember seeing my first Esquire on the Yardbirds “Having a Rave-Up with the Yardbirds” in Jeff Beck’s hands (half hidden behind Keith Relf). I thought it was the ugliest guitar I had ever seen. We were all familiar with John’s Rickenbacker 325 and George’s Country Gentleman and Paul’s Hofner from photos on the albums (“Something New” had the classic lineup). I recall Gene Cornish of “The Rascals” on the back on one of their albums with a black Barney Kessel. Haven’t seen one since. Then there was Brian Jones with the white teardrop Vox and also with a Firebird VII, Roger McGuinn with a Ricky 360-12 (I think he was still Jim) and David Crosby with a Gretsch Tennessean? Zal Yanovsky’s Guild Thunderbird still sticks in my mind as well. Those were the days…

First 335 I ever saw was played by Johnny Rivers (sitting down) on "Shindig"

First 335 I ever saw was played by Johnny Rivers (sitting down) on “Shindig”

 

Upside Down Market

Wednesday, August 16th, 2017
Best value there is in 335 land. This is an early 65 with the big neck and wide nut. It's been converted to a stop tail (Yes, it's placed a little too low) but for $8000 or so, it's $10,000 less than a 64 which is almost the same guitar. Read on and be amazed.

Best value there is in 335 land. This is an early 65 with the big neck and wide nut. It’s been converted to a stop tail (Yes, it’s placed a little too low) but for $8000 or so, it’s $10,000 less than a 64 which is almost the same guitar. Read on and be amazed.

It’s not unusual for the vintage market to fall into familiar patterns. The most common is simple: Folks asking for more money than the guitar they are selling is worth. That’s just human nature doing what it does. Dealers do it, individual owners do it, widows and orphans selling Grandpa’s pride and joy do it. I will cover this phenomenon (which is particularly prevalent lately in dot necks) in a later post. This post is about the opposite phenomenon.

There have always been guitars that seem like they are undervalued. They are desirable but, strangely, do not sell easily or for a price that is in line with similar guitars. They are often rare but command little or no premium for their rarity. There are also über rare guitars out there that are not particularly desirable that also command little or no premium (blonde Byrdlands are a good example). Then there are relatively common guitars that are quite desirable but just don’t get the respect (and high prices) they deserve.

So what are these bargain basement guitars and where do you find one? The common one that comes to mind is the early 65 big neck 335’s and 345’s. The early ones with nickel hardware are virtually identical to a 64 except for the tuners and the tailpiece and yet they are priced at less than half the going rate for a 64. Even more surprising is the fact that they aren’t much more than the top of the line brand new Gibson 335’s. The tuner difference is negligible-double line Klusons instead of single lines. In fact, some late 64’s have double lines and that doesn’t diminish their value at all. So, it must be the trapeze tailpiece. So, having a trapeze tailpiece rather than a stop tail accounts for an approximately $10000 difference in price. Granted, only the earliest ones that have nickel parts definitely have the early patent number pickups but even some of those with chrome pickup covers have them (same as a PAF).  Conventional wisdom seems to think that 65’s have t-tops. They don’t. I’ve never, ever, seen a t-top in a 65. Hey, for a $10000 savings, you can afford to have the trapeze removed and have a stop tail installed. You can even put in a set of PAFs and still come out ahead. Big neck early ’65 345’s are even less than 335’s and are one of the great bargains in vintage guitars. I’ve seen plenty of them for $6000 or so. They almost always have the early patents and even, on rare occasions, PAFs.

The best example of a very rare guitar that is desirable but is vastly underpriced is a blonde 59 or 60 ES-330. Dot neck 330’s (two pickup) are great guitars that are well priced to begin with. Consider a brand new 330 Historic is pushing $6000. A vintage block neck from 64 or even earlier can be found for less. Even a dot neck 60 or 61 can be bought for $6000. A 59 might go a little higher but $7000 is a typical selling (not necessarily asking) price. But the blondes are the real head scratcher. Consider this, they only made 294 blonde 330’s-most of them in 1960. A blonde 335 has pushed past $75K and can ask over $100K. A blonde 345 has long since passed $40,000 and at least two have sold for over $60,000. That’s way more than double the more common sunburst. So, why is it you can get a blonde ES-330 for $10,000-$12000? Seems kind of low, doesn’t it? I do a lot of research and I look pretty hard (and in a lot of places) for the guitars I buy and yet I’ve only had 3 blonde 2 pickup 330’s in the last 10 years.

Well, I don’t make the rules nor do I set the prices, so keep an eye out for big neck 65’s and blonde 330’s. They are the best deals out there and they are great guitars. If I see them before you do, I’ll be buying them. And you don’t need to take out a second mortgage. And you’ll get your money back when it’s time to sell.

Great guitar and a great deal. I can't believe that these guitars aren't way more than the $10K-$12K they sell for. As rare as a blonde 335 and about one eighth the price. I'll buy yours if you have one.

Great guitar and a great deal. I can’t believe that these guitars aren’t way more than the $10K-$12K they sell for. As rare as a blonde 335 and about one eighth the price. I’ll buy yours if you have one.