Wednesday, October 18, 2006
Keep your B.C. Rich and sell your crappy oilpaintings
It seems that the prices for classic electric guitars are now on the rise. According to Business 2.0 magazine the index for collectible guitars has gone up 80 % since the year 2000. That's far better than the index of paintings (up 20 %) or Dow Jones industrial average (up about 0 %).
The reason for this is that the baby boomers with spare cash are now buying the instruments that were played by their idols way back. 50's Stratos could go for like 40.000 bucks right now, and a 1960 Les Paul was sold for $192.000 dollars and a same type of a guitar manufactured only a year earlier went for $250.000.
What is excpected to be the next trend after these pre-70's classic models is actually early 80's heavy metal models made in the US: B.C. Rich, Jackson etc. You could easily make a good money on those babies, if you buy 'em now and wait a few years.
My metal shredding baby from the eighties is an Ibanez RG-750 from the year 1989. I guess I'll have to wait 5-7 years until those babies are worth a lot. But I ain't still gonna sell my baby, we go way back a long time...