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.” We knew there was a catch.
Guitars Are Better Investments Than Homes
Latest
“He sings on all our stuff. You hear him on AC/DC, Bryan Adams, Shania’s stuff. He has the best voice in the room”: Phil Collen says Mutt Lange is an ace vocalist who can nail it in one take – and it’s the same with guitar
"I've been doing this since like the mid-'70s and I never showed anybody: Scott Gorham on revealing his hidden artistic talent and his new plans for the first Thin Lizzy song he ever wrote with Phil Lynott
Watch Marcus King turn in an intimate solo performance of Hero on the “Barn Burst” 1960 Gibson Les Paul Standard – a holy grail vintage guitar literally found in a barn