Guitars: Better Investment Than Houses

While not all vintage instruments appreciate equally, the following illustrates the fair market value of a few of those most desirable.

From The Rock Radio:

It's official - guitars are better investments than homes, says rock 'n roll memorabilia expert Ted Owen. They're also better investments than stocks and shares. A 1958 Gibson Explorer bought for $247.50 was sold in 2006 for $611,000. That's almost a 20% year on year annual return versus an average of 12% for the typical house or the 9% typically produced investing in shares. Adam Newman, manager of Vintage & Rare Guitars says, 'Late fifties Les Paul Standards bought for a few hundred dollars could be worth over $300,000 while Pre-War Martin D45's would fetch over half a million dollars now and bought for $200.'

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