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Scary Good

Who doesn’t love a red dot neck? Well, this red 335 is a little different than the usual Gibson red see through finish. This 62 dot neck was refinished in a Fender like Candy Apple Red.

It’s Halloween and there’s not much overlap between scary stuff and guitars (except maybe buying vintage gear over the internet with no return policy). But that’s not what my Halloween post is about this year. You know how in the horror movie, usually early on, the psychopathic killer is in the closet or in the garage or in the back seat of the car and you know one of the expendable characters is heading right there and you yell (usually to yourself but not always) “DON’T GO IN THERE…!!!” Well, that’s kind of like what Ebay was like in the 90’s and early 2000’s if you were trying to buy a vintage guitar. This is in the era before Reverb existed and Gbase was pretty much just dealers. Ebay was like the wild west back then and it was pretty easy to get burned or scammed or just maybe, score a huge bargain.

It was 2010, I think. I was pretty much a hobby dealer back then. I would buy one or two guitars, play them and then sell them, usually for a small profit and I stayed mostly at the low end of the vintage market. I was buying mostly 335’s and 345’s and, at the low end, most of them had some issues. I couldn’t afford the collector grade stuff but I knew enough about them to stay away from the bad stuff. There was no blog (like this one) to tell you what to look for or how to identify what year a 335 was built. But I knew enough to make some pretty good deals. Some better than others.

When you’re at the lower end, refinished guitars are the best way to get a really nice guitar for a fair price. A proper refinish doesn’t hurt the playability nor does it hurt the tone. It only hurts the value. And besides, I really wanted a dot neck and I couldn’t afford the $20,000 or so that was the going rate at that time. So I bought a refinished 62. Yes, they made dot necks in 62. Not many but the block neck wasn’t introduced until the late Winter/early Spring of 62. It was Candy Apple Red (not Gibson’s Sparkling Burgundy) and the work was professional all the way. Cost me, uh, never mind. It was cheap. It had a pair of PAFs and all the original parts and it sounded incredible.

I had played enough high end 335’s at that time to know what a great one sounded like-I had just never owned one. My main player then was a fairly beat up red 64 that sounded really good but this 62 dot was head and shoulders above the old 64. Most of you who read my blog know that I keep a mental list of the top 20 335’s that I’ve owned and in that list there is an outlier from the 58’s and 59’s that populate most of the list and it’s a refinished 62. Yeah, that one. I sold the guitar maybe six months after I bought it and kind of regretted it but I always went back to my old rule for being a dealer…don’t fall in love.

Fast forward ten years or so and I’ve established myself as a vintage dealer, retiring from my real job, writing a blog, opening a retail shop and working full time at it . The blog and the business is still going, the store is not (at least until the pandemic ends). A few months ago, I see a Candy Apple Red 62 dot neck 335 on Reverb for $28,000. My first reaction was “are these guys nuts? ” $28K for a refinished 62 is dreamland and I ignored it. Then I realized it was the same guitar I had sold ten years ago and I wanted it back. I wasn’t going to pay $28K for it so I waited out the seller and it eventually came down to a price I could justify paying. Only I (and the previous owner) knew how good it was. It arrived last week and there were a few small changes (somebody scavenged the original stop tail) but when I plugged it in there was no question. It’s still in the top twenty.

It probably isn’t the best investment. But the guitar you buy should depend on more than just the value going forward. A $350,000 Les Paul that sounds and plays like an average R9 is still probably a good investment but it isn’t much more than an expensive wall hanging. A great player with issues that sounds like a choir of angels may not make you a nickel richer in the long run but you’ll get a ton of pleasure out of it and probably not lose any money if that’s important to you. I would argue that I’d rather have a great player and make nothing than have an average player that will appreciate. Nobody says you can’t have both (you can) but if you have to choose one or the other, I’m going with the player.

I should keep it this time but I know I won’t.

3 Responses to “Scary Good”

  1. RAB says:

    Charlie, cool story. Glad you got your candy baby back! I wonder who did the gorgeous refin? I’d love to have my first First Rack 1959 ES-345 back (A29663) but the one you sold me (A29822) will do nicely until then…

  2. Rod says:

    Seems to me that you have made a very good case for breaking your rule and hanging on to this one, if you’ve not sold it already. Clearly you have a bond with the guitar. If it’s not gone already, for how much longer are you going to be thinking of it?

  3. okguitars says:

    It definitely fits the profile of all my keepers: Re-necked blonde 59 345, Re-necked blonde 59 335 (made from a 59 EB-2), refinished 63 Telecaster.
    The only ones that aren’t seriously compromised are the 60 Epiphone Wilshire amd my two acoustics (Gibson CF-100E and Breedlove Classic 12)

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