C&R's as an investment?

My other hobby is...or was, guitar. Ten plus years I watched as the prices for 50's and early 60's era Fenders go thru the roof. Suddenly '54, '57 '63 Strats that were bought a few years prior was going for 10's of thousands, some in the 50K neighborhood. But they're a legendary guitars and they're aren't made that still exist. Good chance of a good return there.
Then prices began to rise on later era Fenders, to the point where 70's era stuff began to go from can't give 'em away to over well over $1-2K really quickly. People were buying them up with many thinking "it's an investment". The problem is there are ten of thousands of them and that era's quallity has an awful, awful rep. I don't see where there'd be the market they envision for these things 20 years down the road. It's just an old mass produced guitar.

Hey bumnote,
Sory to go off topic here but my other hobby is also guitar and I have a couple that I think might be investment worthy.

One is a minty, all original 1986 PRS Custom 24. It's a first year production PRS with a serial# 5XX. This was hand built in the old Annapolis factory prior to all the CNC stuff. My dad bought it new in 1986 for $1600. He passed away in 2007 and left the guitar to me. I'll never sell it as it's too sentimental, but I'm still curious what it may be worth.

The other is a 1993 Ernie Ball "EVH". Also minty, also all original.
This was EVH's very first production guitar an only 6,000 were ever produced from 1992-1995. I bought it second-hand and paid $1700 for it about ten years ago. Just curious what it might be worth and if would consider something like this an "investment" guitar.
 
Dino, don't know much about Ernie Balls or PRS's so I can't guess worth...but i know enough to know that PRS is going to be worth a pretty penny one day. Low serial number, 1st year production, hand made...those are the things collectors will seek out and pay for. You could probably get $5-6K for it today, but don't quote me on that. ;). Years down the road it'll be worth a lot more. If you don't play it, tune it down a half to whole step to keep just enough tension on the neck, but not enough to risk damage.
Sorry for the highjack...
 
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Dino, don't know much about Ernie Balls or PRS's so I can't guess worth...but i know enough to know that PRS is going to be worth a pretty penny one day. Low serial number, 1st year production, hand made...those are the things collectors will seek out and pay for. You could probably get $5-6K for it today, but don't quote me on that. . Years down the road it'll be worth a lot more. If you don't play it, tune it down a half to whole step to keep just enough tension on the neck, but not enough to risk damage.
Sorry for the highjack...

Thanks bumnote, and I agree.
I believe the economy has had an effect on ALL aspects of "investments".
After all, something is only worth what someone is willing to pay, and in these tough times, that's not much. :(
 
Sure, some guns appreciate considerably in value through the years. However, firearms are not investments. I don't care if some gun you picked up 20 years ago for $300 is now worth $800. Do the math, it's around 5% ROI. All those folks that stocked up on AK/ARs in '08/'09 lost their shirts - if investing was their primary objective.

Firearms are meant to be enjoyed not to be acquired for investment purposes. If you want solid investments, stick to the old tried and true - stocks, precious metals, real estate <<<--- yes, RE - even in this crappy market. If you gots the cash - buy condos for 20% of what they were worth 5 years ago and rent 'em out.
 
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