I like the reverence Kevin has for guitars. Even though he could buy the whole store he still gazes at the wall as most of us do and appreciates the work and history behind them.
I started playing guitar in 1964. What a wonderful, exciting time for a 15 year old. I play almost every day. I took up pedal steel guitar for a new sound. Mr. Wonderful is fun to watch. I took a guitar to Vietnam when I went to war at 19. It kept me sane in the insanity. I’m in my 70s now and still playing daily. Best thing I ever did in my life. I’ve played in front of Tommy Emmanuel because I knew he is a true gentleman and a great player. Love it and I teach for those that want to learn.
I think the better question here is How the F a guitar saved you in F Vietnam. I used to date a girl, her father is a History teacher, I would go to her house just to speak with him, learn more about the war. She eventually broke up with me.
I had music with me so I took time to learn songs and get my mind off the war. Without that I would have been far more messed up when I got back to the World. Thanks for asking.
I own eight electric guitars and they are more emotional purchases for me, I can't let them go for just money. I've also gave away several to kids over the years who have showed a desire to play which was also emotional decisions.
15:04 I love the fact that he stated this because there’s always been a stigma against lower priced entree level guitars but they are REALLY underrated because the quality of these guitars has gone up in the past few years. Squire doesn’t = low budget crappy piece of junk knock off version of fender anymore. And epiphone doesn’t = crappy version of gibson anymore. So new players EMBRACE YOUR squires and epiphones :) your guitar does not suck! Be proud of your axe and rock out 🤘🔥🎸
A lot of crazy expensive guitars were just regular guitars at the time they were bought. As with most collectible items, it has to do with rarity. How many were made and how many are still around?
Kevin O'Leary is NOT geeky about guitars. Are you blind, he did a little research, learned a few chords, invested in the company that owns the guitar and cars, and now has you nitwits' drooling over a sale commercial. Can you get any more naive' !
Yeah very very few guitars appreciate in value. And the catch is, you won’t know which ones are collectible for 20 years. A guitar that’s $500 today may just be the one that, for some reason, is the one people want in 20 years. Or, it may be worth $100. No one knows. Guitars you couldn’t give away in the 80’s are worth 10x today.
successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
I agree most entry level Guitars built today are all great guitars!! As a new guitar player my advice would be find a guitar that feels and sounds good to You, regardless of what the name on the headstock is…
I love these videos, not just because I love hear, but because listening to Mr Wonderful makes me realize I know a lot more about guitars than I thought.
Kevin - I admire you playing in front of the camera. You know there'll be some haters in the comments nit-picking your skill level... but anyone who's humble enough to play in front of tens of thousands of people without letting the haters deter them from the joy of playing a guitar (at any skill level) has my whole-hearted endorsement and encouragement. Cheers!
Yeah it's got nothing to do with his skill level it's got to do with the fact that he hyped that guy as the greatest guitar tech in the world but his guitar when he went to play it was really poorly intonated and set up.. 😂🤷
kevin is what's wrong with the industry. a rich fool who can't play, but buys them up and drives the prices up, takes the ability to own a vintage instrument out of the hands of actual players.
@@louiscyfer6944man you guys sound like communists lol Theres always someone richer and poorer. Im sure we could find some poor 3rd world musicians that would say the same thing about you 😂
"You have to play every single one." That's the first thing you're right about. When I was shopping for my Ramirez concert class 1a, I had to drive from Calgary to Bozeman Montana (because Gibson was the north American dealer). They had 30. It took me three very long days, at least 12 hours each.
I bought a 1996 Heritage H-150P (Poplar) back in 2012 for $680. Played it very little but I really did enjoy it. Mostly taught myself Blue Sky by Dickey Betts. Then I put the guitar away and waited. I sold it last year for $1,250
As a business man, I love Kevin's questions. I too ask these in any shop I am in lol I feel like the guitar techs seemed nervous in this video and just need to relax. Kevin won't bite !
I played 8 different Gibson J-45s before purchasing one that felt like it naturally fit and also sounded uniquely best to my ears! Important to get both the feeling and sound right when purchasing because it's a life partner!
I've played for nearly 20 years and I can say its all preference. People would be surprised what a TRUE luthier can do to a "standard" issue electric model w good hardware. Now an acoustic is a work of art
Financial education should be taught in every level of education but because of the misplaced priorities we have in the system, the ignorant man is suffering it.
I feel like vintage guitars keep up with inflation. And some outperform inflation. I guess those would be investments. A friend of mine inherited a few guitars when her Dad passed. She sold them all and did pretty well.
I'm a guitarist. Guitars are an awful financial investment. They depreciate significantly as soon as you walk out of the music store after buying one. The only guitars that don't depreciate are the super high end collector items. But yeah, regular guitars depreciate quickly. That's why you should buy an excellent guitar and keep it for your lifetime. Buy the best guitar you can (something like a Gibson Les Paul Custom) and hold on to it forever. That way, you won't be stuck with a bad guitar and have to buy another one and another one and another one. I actaully decided to buy two nice guitars. I've had them for over 25 years. They both have a different tone, which was my goal. I have a Gibson Les Paul Standard and a American Standard Fender Stratocaster (Custom Shop). I love these guitars and will hold on to them for my whole life. I don't want to sell them. And I would never sell them anyway because they depreciate so very much right after you buy them.
not true whatsoever, a car? yes it loses value the second it leaves the lot, but because after a set amount of miles it’s cooked. there’s guitars from 56’ that you could beat the absolute shit out of for 60 years and it would still sound great, and it would still sell for the price you bought it, if not more. Guitars are an awful financial investment only for someone who sees it as nothing but a financial investment
@@Lif3OfAMV I've never met a musician who denies that guitars depreciate. A rare select few go up in price, yes. But you're the first person who flat out denies depreciation in guitars. It's absurd, really.
Buy used sell used, u could get a new guitar every month, sell the old one and never lose a penny. I’m telling u ANYONE who buys a brand new guitar is a sucker. There are enough great guitars out there in the world to go around.
@@andrewmilton6444 You really have to know what you're doing when you buy used, though. You had better make sure all of the original parts are on that used guitar. If you don't know for sure, bring an expert with you when you go shopping for a used guitar.
To much product, every damn online music retailer shoving product in peoples faces 90 percent from your tone is in your hands. High end gear wont make u a better player get you a band or bring you any kind of work period
As a guitar collector (about 30 guitar right now) and a shark tank fan this was quite the crossover. Although buying a new modern guitar of any kind is probably not a good investment. I do have a couple vintage (pre-cbs) guitars that may be investment quality if anything is, but at best guitars are probably equivalent to a really conservative bond index as far as ROI. But they’re fun and tangible, so that’s why I buy.
@@southport65 I have - an early 1965 Jazzmaster in lake placid blue - 1964 candy apple red jaguar - 1950 broadcaster body with a 1955 telecaster neck, but that’s by far my rarest best one
This is the guy that buys a $5000 Les Paul, a $3500 Marshall amp, has 20 effect pedals, takes 45 minutes to tune up, and then plays "Sweet Home Alabama" for 3 bars, then gets lost and just stands there awkwardly for the rest of the song.
Kevin talks big game on guitars and seems to take every opportunity to play them on camera, and good on him for enjoying the instrument. That being said, it is pretty annoying hearing him talk about guitars like he is an expert when he is clearly a beginner. I've seen him play guitars in so many clips and they are him playing a few chords with no dynamics and then trying to have some flare, like at 7:08 he hits the octave of the slightly out of tune Dmaj and it is pretty cringe. He said it himself, it's not worth buying a $7000 guitar if you're still a beginner.
Glad I came across this. As a collector, I would add (and I think it was mentioned below somewhere) that you don’t need a custom shop guitar to be an investment piece. I have a couple CS Gibsons that I bought used which are still not worth what they went for new several years ago. There are also many Mexican Fenders or USA line Gibsons that have appreciated far quicker and greater than an average CS model. The trick is guessing right and getting something like a road worn Cobain Jaguar or a Tweedy SG when they’re a dime a dozen. Sometimes it pays off, sometimes it doesn’t - but you still get a pretty cool guitar to play along the way no matter what. In the end though, it’s time and scarcity. Like Belloq said in Raiders of the Lost Ark, “look at this watch. A couple dollars from a street vender; but if you bury it in the sand for a thousand years it becomes priceless”... something like that.
It has been for me, played guitar most my life at this point and has been essential for me and my health and has helped me get by too when times have been tough, which has been my whole life but hopefully AMC goes to the moon soon so that should soon change.
I made a living standing in front of the Fox building on 48th St in New York from 1974 to 1990 waiting for high dollar guitar buyers. Did deals at the Marriot. I bought and sold a lot of guitars by myself and made a good living. I am retired now. It cannot never be done again. Guitars were available then. Now they sit in cases or hung on walls. Shameful. They were meant to be played. Love of guitars is a wonderful experience.
I have tried out so many Epiphones, the pickups are usually good and the semi-hollows are a good deal( Sheraton, Riviera, Casino) but besides that I am sometimes almost shocked at the solid bodies( Les Paul, SG ,etc.) fret work and inability to stay in tune. The fretboards are very dry and above the 12th fret your hitting dead notes and notes which have strange overtures. Many people buy a Epi and go to work getting the frets crowned and polished, replacing the pickups, and other cheap/very easy to break hardware. Now I think you could Pleck “it for 200-300$. Other modifiers can sometimes get to within 90% of a US guitar Les Paul. But you could also just save up another $300-400$ and get a Les Paul US and not worry about all the hardware replacements when trying to customize a Epi-LP. Ah, whatever.
We love seeing Kevin at Walt Grace! He nailed it! Find a great guitar shop and give a bunch a test drive before buying. Kevin keep sharing more guitar content! We look forward to talking to you in the future!
I picked up a ‘78 Gibson Les Paul Custom, damn near mint, all original, about 6 years ago for $2,200. Seeing what those are going for these days, I’m thinking it was a good investment.
Yeah that's an investment. Not a great investment. But it will appreciate. But if you like it, enjoy it, or get inspired by it... then THAT'S the investment. If Slash gets inspired and comes up with something iconic on an Epiphone, then that guitar will appreciate.
Guitars are like any other collectible. They're a good investment right up until they're not. If you want an old, valuable guitar, can afford it and want to keep the idea that it's also an potentially salable asset in your back pocket, great. If you're strictly looking for an investment, there are probably more prudent vehicles for that.
I am 51 years old without a retirement plan yet, any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $1000k
In time like this the best thing any American can do for him or herself is to have another source of income apart from his or her salary, invest wisely people!
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Hello I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,please can someone please tell me what is going wrong
I’ve got a sneaking suspicion that Mr Wonderful knows a lot more about guitars than he lets on! A 67 tele doesn’t just fall out of the sky! 😂 That’s my birth year bucket list guitar! And I’ve never seen one for less than $17000! So congratulations on finding that unicorn!
Guitars now a days even cheaper some play better that the $1000 guitars out their. I own a Gibson Les Paul also own a few Fender strats 1987 BC Rich Warlock and a few others. Also own a Jackson Dinky for some reason when I just want to mess around a lil I always reach for my Cheap Jackson over my Gibson or Fenders. It’s just a fun guitar to play and sounds great and it’s one of my cheapest guitars. I bought it for travel think I paid 350 brand new. Sounds good acoustic or plugged in. It’s all in what the player is comfortable with. Don’t get me wrong I LOVE my Gibson and Fenders sometimes simple is key tho. Again all what your comfortable with. Companies are stepping up making cheap guitars sound pretty damn good. Cool vid bad ass shop their.
It all depends on if a person wants to pay for it, I've had vintage Gibson's and every time I advertised, nobody wanted them for near what they were worth. I actually think vintage amps are more viable , just my experience
Even affordable guitars can be investments - I traded and sold my way up from a budget guitar to some serious professional instruments because I knew how to find deals, when to buy/sell, and how to turn a small profit. However, I don’t recommend getting into buying guitars purely for investment purposes. They require care and maintenance to remain playable. The best sounding and playing guitars are the ones that get regular play rather than being held on display or locked in a case. These are instruments and history that deserve respect and deserve to make music.
I showed this to my wife. See honey...I need to spend a lot of money on a new custom shop guitar because it's an investment. I didn't realize how short our couch was until I had to stretch out on it.
As a genuine guitar enthusiast, I’ve always wondered what asshole would buy a heavy relic custom shop Guitar over a New old Stock of the same model. I no longer wonder that. This guy did his best to deal with his narrow line of interest, but you aren’t gonna be able to get a solid return on a guitar as an investment unless you take the time to know what guitars are sought after. Having a genuine love for playing quality instruments and having a genuine interest in the history of both guitars and manufacturers that produce them, as well as a willingness to put the time into educating yourself, is the only way to really know whether the guitar in front of you is a good financial investment or not. Unfortunately for him I don’t think he is going to put that kind of time in, cause I’m sure the return on his time invested won’t trims nearly as much as something he’s already educated in. And unless you’re going to dedicate tons of time or pay skilled buyers to do this on a large scale, you won’t make the kind of money he’s used to making on other things. Your tele is cool tho, so was the tele you pointed to and called a Stratocaster
If you are here in 2021 and you don't have any investment or alternate source of income, then you are not safe, invest now! It's better late than never.
There might be many investments out there, but if profit must be considered I will advise you go into bitcoin trading because it has higher profit than most investments.
I don't know whether my old (some call them "vintage") guitars will end up being a good investment or not, but I can say that they are lot more fun to own than a lump of gold or silver.
I was skeptical of guitars as investments until a few years back when I saw a guitar get over $600,000 at auction. There was one that got $1.7 million (I don't know why). Guitar shops were also having sales recently on new models since they had trouble selling electric guitars. The case of Martins is interesting, especially the vintage guitars. Martin guitars can be good investments. The price of some electric guitars a few years back were crazy. It depends on how many were made, is it a limited edition, who owned the guitar, was it used on a famous record, was it signed by someone famous, how many of that model are still in circulation, and other factors. Remember a guitar is only worth $20,000 (like the one in the case) if someone is willing to pay $20,000. Otherwise it becomes a nice museum piece.
With all this man does, I'm blown away that he even plays guitar, regardless of skill level. Jones could easily fix that misaligned trem but, it would only be aesthetic, wouldn't change the functionality. I wouldn't risk it. Then again I wouldn't have as sloppy installing it. I'm not allowed to use the word "wouldn't" for like three weeks after this novel I just wrote.
Its clear from this video that Mr. Wonderful's interest in guitars is about money first and music second but whatever... at least he can play, there are plenty of collectors that can't. Also I half-expected him to suggest taking an Epiphone behind the shed and shooting it
Take a look at the early Made in Japan Squiers, the Antigua Squier Jazzmaster and the Squier J Mascis Jazzmaster. Even inexpensive, entry-level guitars can be a good investment.
I watch so many expert videos about vintage guitars it’s nice to see someone come at it from a newbie point of view. I spend so much time on reverb that i could have answered all the questions myself. But if I were looking at vintage collectible watches I would have no clue
@@ashresearcher it depends how much you get paid per gig. I get paid $120 per gig (used to be more). 120 times 6 equals 720 per week. Multiply 720 times 52 weeks equals $37,440. If you are a pretty good musician, you could double that… so it wouldn’t be so bad for a part time doing what you love.
I bought a USA Gibson LPJ in 2018 for $400, they’re now going for 1400 on Reverb and I’ve made at least 30k playing the thing at gigs since I bought it… I’d say that’s a decent investment for four hundred bucks.
Hi Kevin, in 1968 a Fender Strat cost $265.00. I have the original brochure with all the Fender gear and the salesman wrote the price $265.00. I was a kid earning $5 bucks mowing yards which equates to 53 yards and that doesn't include the amp. That was a lot back then. I look at a custom shop guitar or an expensive guitar like a pianist who purchases a Steinway or Baldwin. When you get really good you want to play a guitar that is really good. In 1975 I purchased a Martin D-35, I worked the whole summer for that guitar and I still own it today. I played 10 of them that day and I agree they all feel different. Nice video thanks.
If you want to make an investment in Fender buy a made in Japan Fender they will be at the $1000 and up they apparently very quickly and there generally regarded as as good if not better made than the U.S.A made Fender's
Japan has many guitar companies that aren't allowed to be sold in the US. They have several Les Paul type guitar companies that are very high quality builds, stuff like stainless steel frets, high quality electronics, and finishes. The kicker is they are sold for alot less than say a Gibson would be with the same components.
With all respect the playability of a guitar won’t be much of a factor collector wise. Ive had a few 50s Les Pauls that were like walking uphill to play compared to a custom shop. But their value and collectibility is much more. I have friends who swear by 70s Tokai or Greco copies but they’re probably a third of the value of a 70s Gibson (which are pretty hit and miss).
Only Kevin O'Leary could suck all the joy out of guitar playing. This was so sad. That shop owner just wanted this over with, and agreed to Kevin's opinions.
That's interesting, never thought of buying guitars as investments. There are probably so many different products that can be taken in as appreciating assets that you never think about.
Guitars, for the most part, aren't "investments". Try buying a $7,000 new Customer Shop Les Paul and see what it's worth in 10 years (probably $7,000 or less) and then put the money in the stock market and it will be worth at least $14,000 in 10 years. If you bought the first Strat, Tele, Les Paul, sure if you also took care of it you might get $100k or so but most people won't be that lucky.
I just bought a MiA Fender Strat Pro2 and I love it. I haven't had a chance to set it up yet but I want to give it a good set up and then I'm buying a nice Tube amp for it. Vintages are great! But I know my price range, lol.
This is great! I have been playing guitar for 20 years and have noticed I do not have a single guitar that has lost value as I tend to research and purchase good guitars.
That’s very similar to my situation. I started playing in the 80s, but quit and sold all the gear I had in the late 90s. Nothing I had was expensive when I bought it, but I sold everything for more than I paid for it. I started playing again about 4 years later, and I still have everything I’ve bought since then (except for a guitar and amp that got stolen). Even the lower end gear I bought when I first started back is worth significantly more now than I paid for it. I do have one guitar that I bought new in 2017 that is currently worth less than I paid for it, but it is still in production and the price increased a good bit this year on the new ones so that will eventually push the used prices up to what I originally paid for mine.
@@perudolux It does not have to “fetch a big price” to increase in value. You only need to be able to sell it for than you paid for it, and every guitar (and amp) that I own except for than one from 2017 falls into that category.
I appreciate that Walt Grace points out how you can buy a 700 or $800 guitar, and it’s a great guitar and could be with you for the rest of your life. So there is a lot of value in buying an inexpensive guitar. I am no fan of Kevin‘s but appreciate that he enjoys playing guitar. I have purchased vintage guitars and they have increased in value but they are not very good as investments. When I spend $5000 on a guitar, I know that if I get tired of playing that in five years, or find, another guitar would rather play, it will probably retain its value and even have increased a little bit. But that is not something you can count on, and it does depend on things like inflation, the market, pandemics, etc. In fact, Kevin never really answers the question of whether they are good investments. The time when a 59 Strat was up to $45k have come and gone! It is now closer to $25k.
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Love the concept. I think I'm going to copy that concept on the west coast. 😎 Guitars n' Cars! Vintage guitars and vintage cars under one roof. Kevin maybe become an investor? 😁
my 56 refin strat 11639 was way expensive in 94 at $2600. now its insured for 26 k. why didnt I buy more? its now scalloped with about 10,000 hrs on it.
A new guitar depreciates rapidly, then stabilizes for decades. There is a sweet spot where they start to go up in value, for every model of guitar. For example, the fenders start to rapidly appreciate before about 1974, then go logarithmic at 1964 (pre-CBS). Over time, the point where they start to rapidly appreciate starts to creep forward. So the best investment is a guitar right at that cusp. Early 80s gibsons and mid 70s fenders will outperform all other affordable guitar investments held 5 to 10 years.
Thanfully I bought as my first ever guitar, a 1958 Gibson LP Murphy Lab Ultra-Light Aged. I am going to learn how to play and this is my 4EVER guitar! My kids will own it one day!
Yes, it was disturbing seeing that Crate! Like, WHAT??!???/WTF!?!??? Absolutely bafflingly wrong and bizarre!!!! He should have a JTM45 Bluesbreaker sitting there or, a AC30 or, a Dr. Z or, a Deluxe, a Vibrolux or, any of the nicer Fender amps, Soldano, Two Rock, Matchless!
i have a 2008 gibson 50th anniversary explorer, even if it were to appreciate a lot in value, I still probably would not sell it... i still remember walking into the guitar store and seeing it on the wall and was amazed at how unique it was compared to the rest on display. so many good memories with it
I feel like they pretty much missed the ball on what makes guitars appreciate and retain value. Claiming that a Martin will retain its value because it’s expensive now and handmade doesn’t really hold water when they still pump the same model out year after year. Still a cool video but not very good for insight into investing in guitars.
Yeah I thought so too. Totally forgot to mention the history of an instrument and how it can effect its value..IE...who previously owned it, etc... as well as rarity.
I own many, many Gibson and USA Jackson guitars. All of them have appreciated in value. However, I would never buy a guitar for investment purposes. If you want an investment, then buy a legitimate investment. I buy guitars to have FUN and for the enjoyment of making music. The fact the Gibsons and Jackson have appreciated in value is just icing on the cake.
People say entry level like it’s a bad thing. I’d rather buy a Squier than a Fender and mod it to my liking for a fraction of a stock Fender. My favorite bass was a Squier PJ bass and I was bummed when I sold it.
Damn, im 23 and co run a small guitar store now as a tech and i also did the "trial by fire" which was being a tech at GC first, this dudes very relatable, probably a wizard at his craft too.
Problem with owning a guitar collection is that when you or your heirs want to cash in, it can be difficult to find the top bidder. Especially if you or your heirs want to unload the entire collection. I think that the notion that guitar collecting is a worthy financial proposition is a scam that dudes perpetrate on their wives.
Yes. As an avid collector, I agree. I've bought and sold well over 100 guitars, and the more expensive the guitar, the longer it takes to sell. The easiest guitar to sell is a Mexican strat for under $400. If you left your kids with a few hundred Mexican strats and Les Paul studios, it would be no problem, lol.
I'm a bass guy. I've collected many collectable bass' over the years. Bud Cockwell bass from Pablo Cruise. Bud was good friends with Jako who played that bass. One of the first Warwick bass' that was a copy of Spector, caused a lawsuit and eventual royalty fees. Warren Waters bass from The Chantays. Stacked knob Fender and the list goes on. I just enjoy playing history.
Hi, I have a 56 Fender Precision Bass that I purchased back in the early 60's. The guy sold it to me in a brown paper bag. Yes, the Bass was totally in pieces, but all the pieces were there. While it was apart I had the body of the Bass professionally painted. When I got it back I assembled it and played it professionally for almost 30 years. I still have the Bass and it is all original even down to the Pick-Up, yes, it still has the originally wound Pick-Up and it still works. The chrome plate on the back of the body that holds the neck to the body has one - (dash) in the serial number. Any idea of what it's worth today? It now hangs on the wall of my Family Room.
Interesting video, a guy who’s been a success in business, talking guitars. I’ve played guitar, self taught, for over 50 years. Also did very well in my professional career. I’ve bought and sold over 50 guitars to end up with a dozen or so favorites. Martins, Fenders, Gibsons, all great names. You need to play each one, yes, every guitar you plan to own. No two are exactly the same. Your ear develops over time. You know, or learn what works for you. Some sound good in one amp versus another. Tube amp versus electronic simulation. The same is true with acoustic guitars. I’ve owned at least 5 iconic Martins. But I prefer what Dana Bourgeois is building. He’s one of the best. If not the best. They are expensive, but worthy. Also consider Eastman. For just over $1K, you can own a solid top, aged to sound like a 50 year old instrument, with rosewood back and sides, ebony fingerboard. In other words top specifications. But again, you have to play to be sure it’s matching what your ear likes. And then it has to feel right in your hands. I like OM or Orchestra Model acoustics. They fit me well. They have a tone I prefer over a Dreadnaught. If you’re saying to yourself, “what the hell did I just say”, go to a reputable music shop and speak with a player/ salesman. Enjoy the journey. Have fun. Play every chance you get. There’s so much to learn. Just like business. There is theory and proven methods, and then there is gut feel. And there’s luck. Buy wisely. And sell to get something else, if you tire or see something that’s just a gotta have.
I like the reverence Kevin has for guitars. Even though he could buy the whole store he still gazes at the wall as most of us do and appreciates the work and history behind them.
And not just buy the store, buy Fender, as he said in the video he was an investor at some point.
It's too bad he doesn't know what God damn thing about them LOL
Mr. Wonderful, I would like to offer you $1000 for a 25% stake of your Tele.
@@gingerbeer914 Dude, get a sense of humor he was joking…!
Mr. Ronquillo, Spence or Pacman??
I’d offer you $1000 for 25% of your playing ability. I’d offer more but I’m a Fil-Am playing country music in Texas, that’s all I can afford lol.
I would add on a 5 cent royalty every time he plays it.
Barbara: I counter with $1250 and 23% stake of your Tele, say yes or I walk
Points at a Telecaster, calls it a Stratocaster, I chuckle. Points at his wallet, looks at my wallet, he chuckles.
THIS
I noticed that as well, but Kevin can play. I think the tele he bought did not have an actual Bigsby on it either
He pointed at a custom shop first then pointed at a "new" guitar. Grow up.
Like I said. Grow up.
Ladies, relax. No need for name calling.
I started playing guitar in 1964. What a wonderful, exciting time for a 15 year old. I play almost every day. I took up pedal steel guitar for a new sound. Mr. Wonderful is fun to watch. I took a guitar to Vietnam when I went to war at 19. It kept me sane in the insanity. I’m in my 70s now and still playing daily. Best thing I ever did in my life. I’ve played in front of Tommy Emmanuel because I knew he is a true gentleman and a great player. Love it and I teach for those that want to learn.
How did you learn to play?
@@george3876hands
I think the better question here is How the F a guitar saved you in F Vietnam. I used to date a girl, her father is a History teacher, I would go to her house just to speak with him, learn more about the war. She eventually broke up with me.
@@felipez7113 The year was 1968. I was stationed with the Mobile Riverine Force. My battle station was a trainer on a 40 mm gun mount every day.
I had music with me so I took time to learn songs and get my mind off the war. Without that I would have been far more messed up when I got back to the World. Thanks for asking.
I own eight electric guitars and they are more emotional purchases for me, I can't let them go for just money. I've also gave away several to kids over the years who have showed a desire to play which was also emotional decisions.
This has happened to me, some things I can't sell but I'll give them away to young people without much issue.
@smug bruh 😂😂😂
@smug LMAO that’s truth tho
@@danieljimenez1989 same for me
I gave my friend a fender lead3 many years ago,when he learned he had cancer. It was good for both h of us
15:04 I love the fact that he stated this because there’s always been a stigma against lower priced entree level guitars but they are REALLY underrated because the quality of these guitars has gone up in the past few years.
Squire doesn’t = low budget crappy piece of junk knock off version of fender anymore. And epiphone doesn’t = crappy version of gibson anymore.
So new players EMBRACE YOUR squires and epiphones :) your guitar does not suck! Be proud of your axe and rock out 🤘🔥🎸
$250 for a NEW Squire guitar + another $300ish in upgrades is WAY better than paying $1200 for a Mexican Fender.
My Squier plays outstanding. It’s light but the neck feels like my Mexi. Sounds good too
A lot of crazy expensive guitars were just regular guitars at the time they were bought. As with most collectible items, it has to do with rarity. How many were made and how many are still around?
Quite a few professional guitarists/bands use squire
Yes, I agree. There are LOTS of great playing/sounding guitars for under $1k!
I don't see a guitar as an investment. I see it as a "happiness" expense. It's cool Kevin is geeky over guitars.
@ Exodus fivesixfivesix - I agree! Maybe a decade (or so) ago. but not now. Definitely a happiness expense for sure.
Haha, he's "geeky", was an investor in Fender - yet calls a bunch of Telecasters "Strats" :)
Nope , it’s an investment,,,, ask my Wife.🤔
Kevin O'Leary
is NOT geeky about guitars. Are you blind, he did a little research, learned a few chords, invested in the company that owns the guitar and cars, and now has you nitwits' drooling over a sale commercial. Can you get any more naive' !
Yeah very very few guitars appreciate in value. And the catch is, you won’t know which ones are collectible for 20 years. A guitar that’s $500 today may just be the one that, for some reason, is the one people want in 20 years. Or, it may be worth $100. No one knows. Guitars you couldn’t give away in the 80’s are worth 10x today.
Anybody who plays guitar is numero uno in my book! You have a new subscriber!
Dude buys $13,000 pens and he calls a $5k guitar expensive. LOL
He’a rich sooo
I mean....it is expensive, for a guitar 😂
@@alexledford4747 it’s also expensive for a pen
@@alexledford4747 Expensive for a regular production model.
Because hes rich AND smart
successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
He is obviously the best, I invested $3,000 and i made profit of $28,000 just in 15 days.
His success story is everywhere
Am not here to converse but to testify just for what I'm sure of, he's trustworthy and has been the best option ever since.
Sometimes I wonder if he uses magic finger to trade.
My first experience gave me the assurance that has made me to invest without fear of loosing.
Investing your time in playing a guitar is worth it!
Playing music is never a waste of time, even for a speculator. Some things enrich one's life, even if there is no direct monetary reward.
It has helped me with my mind, and I really enjoy it. It pays dividends.
@@IsrealDov go figure....actually play for enjoyment? Who knew?
Not really. Played for 10 years and never enjoyed it one bit. I threw it in the garbage bin and never felt happier.
@@kvin9210 It took you 10 years to figure out that you don't like to play guitar? I heard of being slow to realize, but that's beyond slow.
Love this so much. He plays. He doesn't just leave it on a stand and tell people its expensive to inflate his ego. Kevin is the real deal.
I agree most entry level Guitars built today are all great guitars!! As a new guitar player my advice would be find a guitar that feels and sounds good to You, regardless of what the name on the headstock is…
I love these videos, not just because I love hear, but because listening to Mr Wonderful makes me realize I know a lot more about guitars than I thought.
As someone who loves investing and guitars this is possibly the best crossover of genres I've ever seen
I think they can bee a good investment.
Kevin - I admire you playing in front of the camera. You know there'll be some haters in the comments nit-picking your skill level... but anyone who's humble enough to play in front of tens of thousands of people without letting the haters deter them from the joy of playing a guitar (at any skill level) has my whole-hearted endorsement and encouragement. Cheers!
Yeah it's got nothing to do with his skill level it's got to do with the fact that he hyped that guy as the greatest guitar tech in the world but his guitar when he went to play it was really poorly intonated and set up.. 😂🤷
Humble enough? Rather, he's arrogant enough.
kevin is what's wrong with the industry. a rich fool who can't play, but buys them up and drives the prices up, takes the ability to own a vintage instrument out of the hands of actual players.
@@louiscyfer6944man you guys sound like communists lol
Theres always someone richer and poorer. Im sure we could find some poor 3rd world musicians that would say the same thing about you 😂
@@ColoradoDreamin you missed the point entirely. he and guys like him take those guitars out of circulation, and they don't play.
"You have to play every single one." That's the first thing you're right about. When I was shopping for my Ramirez concert class 1a, I had to drive from Calgary to Bozeman Montana (because Gibson was the north American dealer). They had 30. It took me three very long days, at least 12 hours each.
I bought a 1996 Heritage H-150P (Poplar) back in 2012 for $680. Played it very little but I really did enjoy it. Mostly taught myself Blue Sky by Dickey Betts. Then I put the guitar away and waited. I sold it last year for $1,250
Idk much about cars or guitars but I’m loving this! Keep em coming Mr Wonderful
Neither does O'Leary.
As a business man, I love Kevin's questions. I too ask these in any shop I am in lol I feel like the guitar techs seemed nervous in this video and just need to relax. Kevin won't bite !
I played 8 different Gibson J-45s before purchasing one that felt like it naturally fit and also sounded uniquely best to my ears! Important to get both the feeling and sound right when purchasing because it's a life partner!
BTW: Playing my Gibson ES-335 while I write these comments! LOL
Ya guitars are investments... depends whos playin it though
Thai you for your investment advice
No amount of money can make you a viable musician
Ain't that the truth !
Something you have to work for!!
Supertramp was first supported by a millionaire patron.
At the end of the day it’s a hobby for most people. People spend money on hobbies regardless of skill.
@@thunder8585 truth!
I love the videos from Norman's rare guitars where he literally has thousands of "rare" guitars..
Yes, he's the man. He's also played many of them back in the day.
Norm is one of the reasons those very guitars are rare, he's hoarding all of them! And Joe Bonamassa of course
Yeah Norman's blows this place away.. I mean God bananas at large in Petaluma California blows this place away..
I've played for nearly 20 years and I can say its all preference. People would be surprised what a TRUE luthier can do to a "standard" issue electric model w good hardware. Now an acoustic is a work of art
Warren Buffett once said "if you don't find a way to make money while you sleep, you will work until you die".
That was deep! hardcore fan of Warren Buffett. I got to start investing in mutual funds because of him and I haven't regretted it.
I wish this was taught in college, and I am just trying to research, learn how to trade stocks and options.
Financial education should be taught in every level of education but because of the misplaced priorities we have in the system, the ignorant man is suffering it.
@@allencampbell6580 Exactly! it's never too late. that's why I'm leaning how to trade option and equity.
I'm a beginner who is seeking for advice, I want to start trading 2021.
Playing music was by far the best investment i ever made. Nothing else will ever come close
I feel like vintage guitars keep up with inflation. And some outperform inflation. I guess those would be investments. A friend of mine inherited a few guitars when her Dad passed. She sold them all and did pretty well.
I'm a guitarist. Guitars are an awful financial investment. They depreciate significantly as soon as you walk out of the music store after buying one. The only guitars that don't depreciate are the super high end collector items. But yeah, regular guitars depreciate quickly. That's why you should buy an excellent guitar and keep it for your lifetime. Buy the best guitar you can (something like a Gibson Les Paul Custom) and hold on to it forever. That way, you won't be stuck with a bad guitar and have to buy another one and another one and another one. I actaully decided to buy two nice guitars. I've had them for over 25 years. They both have a different tone, which was my goal. I have a Gibson Les Paul Standard and a American Standard Fender Stratocaster (Custom Shop). I love these guitars and will hold on to them for my whole life. I don't want to sell them. And I would never sell them anyway because they depreciate so very much right after you buy them.
not true whatsoever, a car? yes it loses value the second it leaves the lot, but because after a set amount of miles it’s cooked. there’s guitars from 56’ that you could beat the absolute shit out of for 60 years and it would still sound great, and it would still sell for the price you bought it, if not more. Guitars are an awful financial investment only for someone who sees it as nothing but a financial investment
@@Lif3OfAMV I've never met a musician who denies that guitars depreciate. A rare select few go up in price, yes. But you're the first person who flat out denies depreciation in guitars. It's absurd, really.
Buy used sell used, u could get a new guitar every month, sell the old one and never lose a penny. I’m telling u ANYONE who buys a brand new guitar is a sucker. There are enough great guitars out there in the world to go around.
@@andrewmilton6444 You really have to know what you're doing when you buy used, though. You had better make sure all of the original parts are on that used guitar. If you don't know for sure, bring an expert with you when you go shopping for a used guitar.
To much product, every damn online music retailer shoving product in peoples faces 90 percent from your tone is in your hands. High end gear wont make u a better player get you a band or bring you any kind of work period
As a guitar collector (about 30 guitar right now) and a shark tank fan this was quite the crossover. Although buying a new modern guitar of any kind is probably not a good investment. I do have a couple vintage (pre-cbs) guitars that may be investment quality if anything is, but at best guitars are probably equivalent to a really conservative bond index as far as ROI.
But they’re fun and tangible, so that’s why I buy.
What kind of pre-CBS stuff have you got?
@@southport65
I have
- an early 1965 Jazzmaster in lake placid blue
- 1964 candy apple red jaguar
- 1950 broadcaster body with a 1955 telecaster neck, but that’s by far my rarest best one
This is the guy that buys a $5000 Les Paul, a $3500 Marshall amp, has 20 effect pedals, takes 45 minutes to tune up, and then plays "Sweet Home Alabama" for 3 bars, then gets lost and just stands there awkwardly for the rest of the song.
Kevin talks big game on guitars and seems to take every opportunity to play them on camera, and good on him for enjoying the instrument. That being said, it is pretty annoying hearing him talk about guitars like he is an expert when he is clearly a beginner. I've seen him play guitars in so many clips and they are him playing a few chords with no dynamics and then trying to have some flare, like at 7:08 he hits the octave of the slightly out of tune Dmaj and it is pretty cringe. He said it himself, it's not worth buying a $7000 guitar if you're still a beginner.
@@bringrobieback lmfao I laughed at the same D major shape octave move. Real slick shit
Just what i was thinking. Plus after 45 min its not even close to in tune.
Is that like a personal attack or something ?
Exactly
I would like to work as your guitar content intern…
He big fan from india
Glad I came across this. As a collector, I would add (and I think it was mentioned below somewhere) that you don’t need a custom shop guitar to be an investment piece. I have a couple CS Gibsons that I bought used which are still not worth what they went for new several years ago. There are also many Mexican Fenders or USA line Gibsons that have appreciated far quicker and greater than an average CS model. The trick is guessing right and getting something like a road worn Cobain Jaguar or a Tweedy SG when they’re a dime a dozen. Sometimes it pays off, sometimes it doesn’t - but you still get a pretty cool guitar to play along the way no matter what.
In the end though, it’s time and scarcity. Like Belloq said in Raiders of the Lost Ark, “look at this watch. A couple dollars from a street vender; but if you bury it in the sand for a thousand years it becomes priceless”... something like that.
I love hearing you talk guitar, Mr. Wonderful. I loved your endorsememt re: microdosing. You rock.
it was a pleasure to learn such a happy and unusual store is out there thriving. long live do it yourself music.
It has been for me, played guitar most my life at this point and has been essential for me and my health and has helped me get by too when times have been tough, which has been my whole life but hopefully AMC goes to the moon soon so that should soon change.
I made a living standing in front of the Fox building on 48th St in New York from 1974 to 1990 waiting for high dollar guitar buyers. Did deals at the Marriot. I bought and sold a lot of guitars by myself and made a good living. I am retired now. It cannot never be done again. Guitars were available then. Now they sit in cases or hung on walls. Shameful. They were meant to be played. Love of guitars is a wonderful experience.
Kevin’s an Epiphone snob, beating on Epi’s...today’s Epiphones are pretty amazing!
Especially when at the counter of the guitar tech is a fucking crate amp...
Can't you tell? He's a Fender guy.
The man doesn't exactly have a natural musical talent either so 🤷 wtf dies he know? .....Greed seems to be his lane.
I beat on Epiphones as well, I play the hell out of them.
I have tried out so many Epiphones, the pickups are usually good and the semi-hollows are a good deal( Sheraton, Riviera, Casino) but besides that I am sometimes almost shocked at the solid bodies( Les Paul, SG ,etc.) fret work and inability to stay in tune. The fretboards are very dry and above the 12th fret your hitting dead notes and notes which have strange overtures. Many people buy a Epi and go to work getting the frets crowned and polished, replacing the pickups, and other cheap/very easy to break hardware. Now I think you could Pleck “it for 200-300$. Other modifiers can sometimes get to within 90% of a US guitar Les Paul. But you could also just save up another $300-400$ and get a Les Paul US and not worry about all the hardware replacements when trying to customize a Epi-LP. Ah, whatever.
We love seeing Kevin at Walt Grace! He nailed it! Find a great guitar shop and give a bunch a test drive before buying. Kevin keep sharing more guitar content! We look forward to talking to you in the future!
I picked up a ‘78 Gibson Les Paul Custom, damn near mint, all original, about 6 years ago for $2,200. Seeing what those are going for these days, I’m thinking it was a good investment.
Yeah that's an investment. Not a great investment. But it will appreciate. But if you like it, enjoy it, or get inspired by it... then THAT'S the investment.
If Slash gets inspired and comes up with something iconic on an Epiphone, then that guitar will appreciate.
Guitars are like any other collectible. They're a good investment right up until they're not. If you want an old, valuable guitar, can afford it and want to keep the idea that it's also an potentially salable asset in your back pocket, great. If you're strictly looking for an investment, there are probably more prudent vehicles for that.
*This video is just what I need now As motivation to invest*
I am 51 years old without a retirement plan yet, any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $1000k
In time like this the best thing any American can do for him or herself is to have another source of income apart from his or her salary, invest wisely people!
@@mariajorge4011 I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
Talking about being successful! I know am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Audrey
Hello I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,please can someone please tell me what is going wrong
I’ve got a sneaking suspicion that Mr Wonderful knows a lot more about guitars than he lets on! A 67 tele doesn’t just fall out of the sky! 😂 That’s my birth year bucket list guitar! And I’ve never seen one for less than $17000! So congratulations on finding that unicorn!
Guitars now a days even cheaper some play better that the $1000 guitars out their. I own a Gibson Les Paul also own a few Fender strats 1987 BC Rich Warlock and a few others. Also own a Jackson Dinky for some reason when I just want to mess around a lil I always reach for my Cheap Jackson over my Gibson or Fenders. It’s just a fun guitar to play and sounds great and it’s one of my cheapest guitars. I bought it for travel think I paid 350 brand new. Sounds good acoustic or plugged in. It’s all in what the player is comfortable with. Don’t get me wrong I LOVE my Gibson and Fenders sometimes simple is key tho. Again all what your comfortable with. Companies are stepping up making cheap guitars sound pretty damn good. Cool vid bad ass shop their.
"This one is 20 000$"
Kevin: "....So why is it in glass exactly?"
Behind glass. Not "in glass."
@@rickaitkins6539 stfu, in is short for incased, yea its not a full circle of glass buts its in a case n a softer issue
Kevin, how did your investment in Voyag-air guitars workout?
It all depends on if a person wants to pay for it, I've had vintage Gibson's and every time I advertised, nobody wanted them for near what they were worth. I actually think vintage amps are more viable , just my experience
Thats the thing, they are worth what people will pay. Some Gibsons are desirable, others arent. Rare and vintage doesnt always equal valuable.
Even affordable guitars can be investments - I traded and sold my way up from a budget guitar to some serious professional instruments because I knew how to find deals, when to buy/sell, and how to turn a small profit. However, I don’t recommend getting into buying guitars purely for investment purposes. They require care and maintenance to remain playable. The best sounding and playing guitars are the ones that get regular play rather than being held on display or locked in a case. These are instruments and history that deserve respect and deserve to make music.
I showed this to my wife. See honey...I need to spend a lot of money on a new custom shop guitar because it's an investment. I didn't realize how short our couch was until I had to stretch out on it.
The return on the investment must be more then the cost of the divorce to be profitable
very witty, I almost missed the joke
Respect to you for trying...just file things away for when she wants a $1000 purse or $750 shoes....
As a genuine guitar enthusiast, I’ve always wondered what asshole would buy a heavy relic custom shop Guitar over a New old Stock of the same model. I no longer wonder that.
This guy did his best to deal with his narrow line of interest, but you aren’t gonna be able to get a solid return on a guitar as an investment unless you take the time to know what guitars are sought after. Having a genuine love for playing quality instruments and having a genuine interest in the history of both guitars and manufacturers that produce them, as well as a willingness to put the time into educating yourself, is the only way to really know whether the guitar in front of you is a good financial investment or not. Unfortunately for him I don’t think he is going to put that kind of time in, cause I’m sure the return on his time invested won’t trims nearly as much as something he’s already educated in. And unless you’re going to dedicate tons of time or pay skilled buyers to do this on a large scale, you won’t make the kind of money he’s used to making on other things.
Your tele is cool tho, so was the tele you pointed to and called a Stratocaster
If you are here in 2021 and you don't have any investment or alternate source of income, then you are not safe, invest now! It's better late than never.
We should be careful on money usage if you are not spending to earn back, then stop spending.
Apparently my view on the situation is to venture into business and investments.
True! Even some rich men made it through investing their money in something really profitable and they made it.
I do real estate, stock market, Forex trade and cryptocurrencies.
There might be many investments out there, but if profit must be considered I will advise you go into bitcoin trading because it has higher profit than most investments.
A lot of entry level Epiphones and Squiers are great. I've had a Epiphone Les Studio for 5 years and it still plays great
I love when Kevin talks about guitars. Very cool
I don't know whether my old (some call them "vintage") guitars will end up being a good investment or not, but I can say that they are lot more fun to own than a lump of gold or silver.
I have subscribed to many financial channels and this is the first one, where I see a guitar video🤗 great!
I was skeptical of guitars as investments until a few years back when I saw a guitar get over $600,000 at auction. There was one that got $1.7 million (I don't know why). Guitar shops were also having sales recently on new models since they had trouble selling electric guitars. The case of Martins is interesting, especially the vintage guitars. Martin guitars can be good investments. The price of some electric guitars a few years back were crazy. It depends on how many were made, is it a limited edition, who owned the guitar, was it used on a famous record, was it signed by someone famous, how many of that model are still in circulation, and other factors. Remember a guitar is only worth $20,000 (like the one in the case) if someone is willing to pay $20,000. Otherwise it becomes a nice museum piece.
With all this man does, I'm blown away that he even plays guitar, regardless of skill level.
Jones could easily fix that misaligned trem but, it would only be aesthetic, wouldn't change the functionality.
I wouldn't risk it. Then again I wouldn't have as sloppy installing it.
I'm not allowed to use the word "wouldn't" for like three weeks after this novel I just wrote.
If I were you, I wouldn't either!
I would not buy a 67 with an off set trem lol especially it being a bigsby.
Its clear from this video that Mr. Wonderful's interest in guitars is about money first and music second but whatever... at least he can play, there are plenty of collectors that can't. Also I half-expected him to suggest taking an Epiphone behind the shed and shooting it
I'm loving this series.
A great guitar is one that inspires you to pick it up and play... irrespective of anyone else's opinion
Guitars can be investment if you’re talking vintage fenders gibsons and martins
Purely from an investment perspective, it doesn't help to be paying full inflated retail at a premium boutique store.
EVH or any well made, rare axe like say a Yamaha Pacifica 1412. 50 made ever. $1200 in '91 now $5000.
I would add Ibanez to those.
Take a look at the early Made in Japan Squiers, the Antigua Squier Jazzmaster and the Squier J Mascis Jazzmaster. Even inexpensive, entry-level guitars can be a good investment.
I watch so many expert videos about vintage guitars it’s nice to see someone come at it from a newbie point of view. I spend so much time on reverb that i could have answered all the questions myself. But if I were looking at vintage collectible watches I would have no clue
i PLAYED 6NIGHTS A WEEK FOR MANY YEARS, MADE GREAT MONEY .ALL THE HOTELS AND LOUNGES HAD LIVE MUSIC.
What was "great money" per year?
and where?
@@ashresearcher it depends how much you get paid per gig. I get paid $120 per gig (used to be more). 120 times 6 equals 720 per week.
Multiply 720 times 52 weeks equals $37,440.
If you are a pretty good musician, you could double that… so it wouldn’t be so bad for a part time doing what you love.
I bought a USA Gibson LPJ in 2018 for $400, they’re now going for 1400 on Reverb and I’ve made at least 30k playing the thing at gigs since I bought it… I’d say that’s a decent investment for four hundred bucks.
Fantastic video!
Phil is the number one guitar guy on RUclips 🙌🙌🙌
Phil! “Money parked” guitars 🤘🏻
Glad you saw this too!
Hey, it’s Phil!
Hey Phil is here!!
Hi Kevin, in 1968 a Fender Strat cost $265.00. I have the original brochure with all the Fender gear and the salesman wrote the price $265.00. I was a kid earning $5 bucks mowing yards which equates to 53 yards and that doesn't include the amp. That was a lot back then.
I look at a custom shop guitar or an expensive guitar like a pianist who purchases a Steinway or Baldwin. When you get really good you want to play a guitar that is really good. In 1975 I purchased a Martin D-35, I worked the whole summer for that guitar and I still own it today. I played 10 of them that day and I agree they all feel different. Nice video thanks.
If you want to make an investment in Fender buy a made in Japan Fender they will be at the $1000 and up they apparently very quickly and there generally regarded as as good if not better made than the U.S.A made Fender's
I'll believe it. Japan prides themselves on precision and quality. Never bought anything from Japan that wasn't top notch.
Japan has many guitar companies that aren't allowed to be sold in the US. They have several Les Paul type guitar companies that are very high quality builds, stuff like stainless steel frets, high quality electronics, and finishes. The kicker is they are sold for alot less than say a Gibson would be with the same components.
*they're
*Fenders (no apostrophe unless possessive form)
@@jimmyb4728 Oh i didn't realise I'm in England so they are available here i have one i payed £750 for it 5 years ago now they are fetching £1250
With all respect the playability of a guitar won’t be much of a factor collector wise. Ive had a few 50s Les Pauls that were like walking uphill to play compared to a custom shop. But their value and collectibility is much more. I have friends who swear by 70s Tokai or Greco copies but they’re probably a third of the value of a 70s Gibson (which are pretty hit and miss).
I love guitars and keep acquiring more of them. I'd never consider them as a financial investment. The joy they bring though is priceless
Oh my god, Never been this early to a Mr. Wonderful video but i'm sure glad i did.
Only Kevin O'Leary could suck all the joy out of guitar playing. This was so sad. That shop owner just wanted this over with, and agreed to Kevin's opinions.
That's interesting, never thought of buying guitars as investments. There are probably so many different products that can be taken in as appreciating assets that you never think about.
Guitars, for the most part, aren't "investments". Try buying a $7,000 new Customer Shop Les Paul and see what it's worth in 10 years (probably $7,000 or less) and then put the money in the stock market and it will be worth at least $14,000 in 10 years.
If you bought the first Strat, Tele, Les Paul, sure if you also took care of it you might get $100k or so but most people won't be that lucky.
Yes true, stock market beats guitar investment hands down. And I own and love nice guitars!
You know when a guitar shop has Herman Miller benches in the playing room that it's a high-end store.
I just bought a MiA Fender Strat Pro2 and I love it. I haven't had a chance to set it up yet but I want to give it a good set up and then I'm buying a nice Tube amp for it. Vintages are great! But I know my price range, lol.
This is great! I have been playing guitar for 20 years and have noticed I do not have a single guitar that has lost value as I tend to research and purchase good guitars.
Thanks for the feedback.... Chat up the Adimin-Broker for more guidance
W•H•A•T•S•A•P•P
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I•n•v•e•s•t•inC•r•y•p••t•o
What are your guitars?
That’s very similar to my situation. I started playing in the 80s, but quit and sold all the gear I had in the late 90s. Nothing I had was expensive when I bought it, but I sold everything for more than I paid for it.
I started playing again about 4 years later, and I still have everything I’ve bought since then (except for a guitar and amp that got stolen). Even the lower end gear I bought when I first started back is worth significantly more now than I paid for it. I do have one guitar that I bought new in 2017 that is currently worth less than I paid for it, but it is still in production and the price increased a good bit this year on the new ones so that will eventually push the used prices up to what I originally paid for mine.
@@charlesbolton8471 honestly, I can’t see what guitar is worth more now then in the 90’s? Not even custom shop fetch a big price.
@@perudolux
It does not have to “fetch a big price” to increase in value. You only need to be able to sell it for than you paid for it, and every guitar (and amp) that I own except for than one from 2017 falls into that category.
I appreciate that Walt Grace points out how you can buy a 700 or $800 guitar, and it’s a great guitar and could be with you for the rest of your life. So there is a lot of value in buying an inexpensive guitar.
I am no fan of Kevin‘s but appreciate that he enjoys playing guitar. I have purchased vintage guitars and they have increased in value but they are not very good as investments. When I spend $5000 on a guitar, I know that if I get tired of playing that in five years, or find, another guitar would rather play, it will probably retain its value and even have increased a little bit. But that is not something you can count on, and it does depend on things like inflation, the market, pandemics, etc. In fact, Kevin never really answers the question of whether they are good investments. The time when a 59 Strat was up to $45k have come and gone! It is now closer to $25k.
yes!! incredible place and staff. shout outs to the baristas. they have a great coffee shop inside too.
Thanks for your commenting
W*h*a*t*s*A*p*p
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Thanks, Chris 🙏🏻
@@alexjones519
Thanks for your commenting, I just discovered a more beneficial ways of making a huge profits from trading.
I will advice you to contact my support team for assistance.
the owner of Walt grace is a solid man, pleasure to talk to. he is about the musicianship not the money
Fantastic video Mr. Wonderful! A earth without art is just "eh". Keep feeding the soul with music, creativity and passion :)
I'm so glad i found this guy's youtube channel. Very fascinating to watch!🍻💯
Love the concept. I think I'm going to copy that concept on the west coast. 😎 Guitars n' Cars! Vintage guitars and vintage cars under one roof. Kevin maybe become an investor? 😁
my 56 refin strat 11639 was way expensive in 94 at $2600.
now its insured for 26 k. why didnt I buy more? its now scalloped with about 10,000 hrs on it.
scalloped??? That kind of ruins the mojo/value of a '56 Strat.
Great video Kevin! It shows a whole different side of you, and I really enjoyed it!
A new guitar depreciates rapidly, then stabilizes for decades. There is a sweet spot where they start to go up in value, for every model of guitar. For example, the fenders start to rapidly appreciate before about 1974, then go logarithmic at 1964 (pre-CBS). Over time, the point where they start to rapidly appreciate starts to creep forward. So the best investment is a guitar right at that cusp. Early 80s gibsons and mid 70s fenders will outperform all other affordable guitar investments held 5 to 10 years.
I wish I had collected more of them in the 80s and sold them in 2005, would have made a bunch of money.
Thanfully I bought as my first ever guitar, a 1958 Gibson LP Murphy Lab Ultra-Light Aged. I am going to learn how to play and this is my 4EVER guitar! My kids will own it one day!
That Crate combo amp on the counter is where the $$ is at!
I thought this,
Why not have a small vintage amp to plug in to?
Yes, it was disturbing seeing that Crate! Like, WHAT??!???/WTF!?!??? Absolutely bafflingly wrong and bizarre!!!!
He should have a JTM45 Bluesbreaker sitting there or, a AC30 or, a Dr. Z or, a Deluxe, a Vibrolux or, any of the nicer Fender amps, Soldano, Two Rock, Matchless!
i have a 2008 gibson 50th anniversary explorer, even if it were to appreciate a lot in value, I still probably would not sell it... i still remember walking into the guitar store and seeing it on the wall and was amazed at how unique it was compared to the rest on display. so many good memories with it
I feel like they pretty much missed the ball on what makes guitars appreciate and retain value. Claiming that a Martin will retain its value because it’s expensive now and handmade doesn’t really hold water when they still pump the same model out year after year. Still a cool video but not very good for insight into investing in guitars.
Yeah I thought so too. Totally forgot to mention the history of an instrument and how it can effect its value..IE...who previously owned it, etc... as well as rarity.
I own many, many Gibson and USA Jackson guitars. All of them have appreciated in value. However, I would never buy a guitar for investment purposes. If you want an investment, then buy a legitimate investment. I buy guitars to have FUN and for the enjoyment of making music. The fact the Gibsons and Jackson have appreciated in value is just icing on the cake.
"Epiphone entry level guitar"...not anymore. The newer Epiphones are outstanding. Far from entry level.
People say entry level like it’s a bad thing. I’d rather buy a Squier than a Fender and mod it to my liking for a fraction of a stock Fender. My favorite bass was a Squier PJ bass and I was bummed when I sold it.
Drop some Duncan's in them and you are set.
@@kevinmac9442 That would be the case with acoustic guitars to a point. But those carbon fiber acoustic guitars are a world different.
He said its entry level as an investment lol It doesn’t appreciate. Hes right.
1 out of 5 tend to be good. Lots of QC problems still but they sound pretty good for budget guitars
Damn, im 23 and co run a small guitar store now as a tech and i also did the "trial by fire" which was being a tech at GC first, this dudes very relatable, probably a wizard at his craft too.
Problem with owning a guitar collection is that when you or your heirs want to cash in, it can be difficult to find the top bidder. Especially if you or your heirs want to unload the entire collection. I think that the notion that guitar collecting is a worthy financial proposition is a scam that dudes perpetrate on their wives.
if you don't know the right people to sell to or are not part of the vintage guitar community. For sure.
Yes. As an avid collector, I agree. I've bought and sold well over 100 guitars, and the more expensive the guitar, the longer it takes to sell. The easiest guitar to sell is a Mexican strat for under $400. If you left your kids with a few hundred Mexican strats and Les Paul studios, it would be no problem, lol.
Best Video Ever On This Channel .. More Videos on Guitars Plz ..
"And I can buy a brand new Strat..." as he points to a tele...
Brutal
Yeah, I noticed that also. Weird he got that wrong since he has a Tele and knows was a Fender investor
I thought it was funny that the sales guy didn't correct him, and also mentioned "strat" as they're pointing at teles.
could have been the camera angle
I'm a bass guy. I've collected many collectable bass' over the years. Bud Cockwell bass from Pablo Cruise. Bud was good friends with Jako who played that bass. One of the first Warwick bass' that was a copy of Spector, caused a lawsuit and eventual royalty fees. Warren Waters bass from The Chantays. Stacked knob Fender and the list goes on. I just enjoy playing history.
Loving this episode.
Hi, I have a 56 Fender Precision Bass that I purchased back in the early 60's. The guy sold it to me in a brown paper bag. Yes, the Bass was totally in pieces, but all the pieces were there. While it was apart I had the body of the Bass professionally painted. When I got it back I assembled it and played it professionally for almost 30 years. I still have the Bass and it is all original even down to the Pick-Up, yes, it still has the originally wound Pick-Up and it still works. The chrome plate on the back of the body that holds the neck to the body has one - (dash) in the serial number. Any idea of what it's worth today? It now hangs on the wall of my Family Room.
Amazing how guitars that cost pocket change back in the day, you now have to take out a 2nd mortgage to afford one.
I took as a guitar that was $300 in 1956 is now worth about $40,000
Interesting video, a guy who’s been a success in business, talking guitars. I’ve played guitar, self taught, for over 50 years. Also did very well in my professional career. I’ve bought and sold over 50 guitars to end up with a dozen or so favorites. Martins, Fenders, Gibsons, all great names. You need to play each one, yes, every guitar you plan to own. No two are exactly the same. Your ear develops over time. You know, or learn what works for you. Some sound good in one amp versus another. Tube amp versus electronic simulation. The same is true with acoustic guitars. I’ve owned at least 5 iconic Martins. But I prefer what Dana Bourgeois is building. He’s one of the best. If not the best. They are expensive, but worthy. Also consider Eastman. For just over $1K, you can own a solid top, aged to sound like a 50 year old instrument, with rosewood back and sides, ebony fingerboard. In other words top specifications. But again, you have to play to be sure it’s matching what your ear likes. And then it has to feel right in your hands. I like OM or Orchestra Model acoustics. They fit me well. They have a tone I prefer over a Dreadnaught. If you’re saying to yourself, “what the hell did I just say”, go to a reputable music shop and speak with a player/ salesman. Enjoy the journey. Have fun. Play every chance you get. There’s so much to learn. Just like business. There is theory and proven methods, and then there is gut feel. And there’s luck. Buy wisely. And sell to get something else, if you tire or see something that’s just a gotta have.