What to do????!!!

[cupric]

I come from a long line of New Englanders on my father's side. We have been in Rhode Island since the 15 or 1600s. I believe I may be the only one of my direct line to have been born elsewhere. (I now live in Arizona). I was born in Chico, California in 1960. My parents moved back to New England in 1961. Sooooo......... I found this This morning. I am obviously very interested. I'm a bit strapped for cash at the moment due to unforeseen family issues that created a mostly temporary financial set back. What to do???? Lol.
I should also mention that I have been a avid Guild player since the 1970s. They have always been my number one guitar.

Guild M-65 Freshman 1960 Sunburst | Reverb

This early Guild M-65 Freshman is the perfect living room guitar. It sounds so cool unplugged and it is so light and comfortable/fun to play that you could enjoy it just fine without ever plugging it in. But, it also sounds fantastic electrically.This is the long scale version, not the student ...

reverb.com

 

[Aarfy]

Can you trade for it or ask to trade - if you have one you want to part with for this?

otherwise buy - it’s an obvious guild buy high sell low investment that cannot help but make money

ps sorry to hear about the family situation - hope it resolves soon friend. C

 

[Opsimath]

Unfortunately I don't have any advice but that guitar is beautiful!

"Seller is open to offers" - nothing ventured, nothing gained.

 

[AcornHouse]

We should compare family trees, my ancestors, from the Rhode Island area, were part of the settling of Newport, Portsmouth, Little Compton, Tiverton, etc...

 

[AcornHouse]

The price on that Freshman is rather dear. There are far better deals out there. I’d wait and look for something better, esp. given the circumstances.

 

[cupric]

We should compare family trees, my ancestors, from the Rhode Island area, were part of the settling of Newport, Portsmouth, Little Compton, Tiverton, etc...

My family also. We were one of the founding families on Block Island.

 

[walrus]

Decision has made for you - the listing is sold...

walrus

 

[cupric]

Decision has made for you - the listing is sold...

walrus

Well, I guess that is that!

 

[fronobulax]

We're all wired differently but I can't get excited about a guitar that is for sale in the town of my birth but wasn't made there and probably has no other connection, however tenuous, to me. Would it have the same interest if it was listed from Yuba City?

 

[SFIV1967]

In any case it was a nice looking one...
Ralf

 

[zizala]

That was a good looking M-65 for sure....I had a few and miss them all!

FWIW.....No M-65's but I've got some circa 1960-61 Guilds about to be put up for sale very soon....
Watch the Buy and Sell here as I'll list here first.

 

[DrumBob]

The book value on those is $1300-$1675, depending on condition, but I find it hard to set exact value these days with the insanity that's happening right now with vintage guitars and the rising prices caused by COVID. If that sounds incomprehensible, here's what's happened: People got 2-3 stimulus checks over the last year, and if they didn't need them for necessities, they spent the money on luxuries. Because people were stuck at home in most cases, they bought instruments to occupy their time. The year 2020 has been the biggest year for guitar sales in decades, and in some cases, supply cannot keep up with demand. Vintage guitars are a finite commodity, and dealers have been having trouble keeping certain models in stock. Hence, every vintage guitar dealer on the planet has raised his or her prices 10-20%. This is NOT a good time to buy a vintage guitar. You'd be wise to wait. Think of it like the stock market.

Here's what I think will happen when COVID abates and life starts returning to normal: prices on used and vintage guitars across the board will drop, perhaps like a rock, as people resume their lives, and some will realize, hey, I really don't need or want those three guitars I bought last year. A few vintage dealers have said outright that they fear another big crash coming in guitar prices, the way it was in 2008-9. Then, it was a buyer's market. Right now, it's a seller's market totally. It's the same with the housing market; plenty of buyers and not enough homes.

As I said, you'd be wise to wait until prices level off and I think that will happen soon. You said money is tight for you, so if you don't mind me saying, be patient and sit it out until things get back to normal. I know, when you want a guitar, you want it NOW, but I think you'll get a better deal in a little while, perhaps as early as the end of the year or early 2022.

 

[cupric]

The book value on those is $1300-$1675, depending on condition, but I find it hard to set exact value these days with the insanity that's happening right now with vintage guitars and the rising prices caused by COVID. If that sounds incomprehensible, here's what's happened: People got 2-3 stimulus checks over the last year, and if they didn't need them for necessities, they spent the money on luxuries. Because people were stuck at home in most cases, they bought instruments to occupy their time. The year 2020 has been the biggest year for guitar sales in decades, and in some cases, supply cannot keep up with demand. Vintage guitars are a finite commodity, and dealers have been having trouble keeping certain models in stock. Hence, every vintage guitar dealer on the planet has raised his or her prices 10-20%. This is NOT a good time to buy a vintage guitar. You'd be wise to wait. Think of it like the stock market.

Here's what I think will happen when COVID abates and life starts returning to normal: prices on used and vintage guitars across the board will drop, perhaps like a rock, as people resume their lives, and some will realize, hey, I really don't need or want those three guitars I bought last year. A few vintage dealers have said outright that they fear another big crash coming in guitar prices, the way it was in 2008-9. Then, it was a buyer's market. Right now, it's a seller's market totally. It's the same with the housing market; plenty of buyers and not enough homes.

As I said, you'd be wise to wait until prices level off and I think that will happen soon. You said money is tight for you, so if you don't mind me saying, be patient and sit it out until things get back to normal. I know, when you want a guitar, you want it NOW, but I think you'll get a better deal in a little while, perhaps as early as the end of the year or early 2022.

You are correct. And I really do not need a guitar right now. This was just a weird gotcha' type of thing. I get emails from ebay, reverb, etc. So I'm not actively looking. I actually want a Songbird next. One of the members of this forum has one that they would sell for a good price. I was very interested and then my wife had a car accident. She's doing fine now, but she was out of work for a few months. There was also tests etc. She is slowly ramping back up. She is a nurse, mostly doing rural homecare. The car was totalled. We had it like 2 weeks! Very nice Suburu Cross Track. A entire wheel and tire came off a Semi going West on Interstate 10. She was going east. Came across several lanes of traffic and hit her.
Thank you for the post!
Ray

 

[JohnW63]

Damn lucky it didn't bounce up and catch the windshield.

 

[cupric]

Damn lucky it didn't bounce up and catch the windshield.

Yes. That is usually fatal. The speed limit here is 75mph. The combined speed of two objects going on opposite directions is fast. The weight of a truck tire and wheel is pretty significant!

 

[DrumBob]

Subarus are extremely safe cars. We've owned eleven of them between me, the wife and my daughter. All of us have been in accidents with them and serious ones, none of which were our fault, and only minor injuries.

 

[Guildedagain]

Prices never go down, if you want something, bite the bullet and buy now, or never. A guitar I was after went from $1600 a year ago to $2600 now, not going to happen, for me anyway.

Not so sure all that many people didn't need their checks. Kiddo and son in law paid their rent with theirs, he's a sound engineer, sought after but only one gig left now, a megachurch on Sundays.

Similar stories about people dumping gear 20 years ago, about all the people who went out and bought generators because of Y2K. They were going to dump them cheap afterwards. Never happened. Generators always hold their value, and so do guitars.

I just bought a Cosco folding trailer from some kid who was going to make a tiny house on it, but didn't. He had the title and receipt. He paid $496 out the door with tax in 2017, so almost $500. The same trailer with tax now is almost $1000. Price went up 50% in three years.

This is Covid, plus acceleration inflation. Consumer prices went up 4.2% in April. That a bigger jump in one month than yearly inflation.

I think retailers are taking advantage that people got stimulus checks and raised prices on everything, along with Covid shortages of everything from microchips to lumber, a convenient gas shortage, etc.

 

[adorshki]

Consumer prices went up 4.2% in April. That a bigger jump in one month than yearly inflation.

But it self-identifies as transitory, so it's cool.

 

[Guildedagain]

What's not cool is sticker shock on everything from a sheet of plywood to a box of deck screws. Nitrile gloves have efectively gone up 50% in the last year, plus the stupid tax on everything, sales tax on shipping? A bottle of vodka that was $13 is now $27. I gave up the Scotch I liked, MccLelland's Islay or Highland, when it went up over $30 a bottle, cannae do it.

 

[Guildedagain]

Just caught the accident part of this. You're both incredibly lucky. Guardian angels working overtime. Similar accidents have taken out a whole station wagon of people. This is because tires shops don't torque semi truck wheel inner lugs and outer nuts, the just "rattle" them on with a 1" airgun. Most of the time they stay on, and sometimes they come off. And then there's the bits of tires all over America's highways from the rear dual "retreads" coming apart in small and huge chunks. I sometimes wish those guys had their own highways...