I like the reverence Kevin has for guitars. Even though he could buy the whole store he still gazes at the wall as most of us do and appreciates the work and history behind them.
This is the guy that buys a $5000 Les Paul, a $3500 Marshall amp, has 20 effect pedals, takes 45 minutes to tune up, and then plays "Sweet Home Alabama" for 3 bars, then gets lost and just stands there awkwardly for the rest of the song.
Kevin talks big game on guitars and seems to take every opportunity to play them on camera, and good on him for enjoying the instrument. That being said, it is pretty annoying hearing him talk about guitars like he is an expert when he is clearly a beginner. I've seen him play guitars in so many clips and they are him playing a few chords with no dynamics and then trying to have some flare, like at 7:08 he hits the octave of the slightly out of tune Dmaj and it is pretty cringe. He said it himself, it's not worth buying a $7000 guitar if you're still a beginner.
successful people don't become that way overnight .most people you see as a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..
Kevin O'Leary is NOT geeky about guitars. Are you blind, he did a little research, learned a few chords, invested in the company that owns the guitar and cars, and now has you nitwits' drooling over a sale commercial. Can you get any more naive' !
Yeah very very few guitars appreciate in value. And the catch is, you won’t know which ones are collectible for 20 years. A guitar that’s $500 today may just be the one that, for some reason, is the one people want in 20 years. Or, it may be worth $100. No one knows. Guitars you couldn’t give away in the 80’s are worth 10x today.
I love these videos, not just because I love hear, but because listening to Mr Wonderful makes me realize I know a lot more about guitars than I thought.
I own eight electric guitars and they are more emotional purchases for me, I can't let them go for just money. I've also gave away several to kids over the years who have showed a desire to play which was also emotional decisions.
15:04 I love the fact that he stated this because there’s always been a stigma against lower priced entree level guitars but they are REALLY underrated because the quality of these guitars has gone up in the past few years. Squire doesn’t = low budget crappy piece of junk knock off version of fender anymore. And epiphone doesn’t = crappy version of gibson anymore. So new players EMBRACE YOUR squires and epiphones :) your guitar does not suck! Be proud of your axe and rock out 🤘🔥🎸
A lot of crazy expensive guitars were just regular guitars at the time they were bought. As with most collectible items, it has to do with rarity. How many were made and how many are still around?
Financial education should be taught in every level of education but because of the misplaced priorities we have in the system, the ignorant man is suffering it.
We love seeing Kevin at Walt Grace! He nailed it! Find a great guitar shop and give a bunch a test drive before buying. Kevin keep sharing more guitar content! We look forward to talking to you in the future!
I played 8 different Gibson J-45s before purchasing one that felt like it naturally fit and also sounded uniquely best to my ears! Important to get both the feeling and sound right when purchasing because it's a life partner!
I started playing guitar in 1964. What a wonderful, exciting time for a 15 year old. I play almost every day. I took up pedal steel guitar for a new sound. Mr. Wonderful is fun to watch. I took a guitar to Vietnam when I went to war at 19. It kept me sane in the insanity. I’m in my 70s now and still playing daily. Best thing I ever did in my life. I’ve played in front of Tommy Emmanuel because I knew he is a true gentleman and a great player. Love it and I teach for those that want to learn.
I think the better question here is How the F a guitar saved you in F Vietnam. I used to date a girl, her father is a History teacher, I would go to her house just to speak with him, learn more about the war. She eventually broke up with me.
I had music with me so I took time to learn songs and get my mind off the war. Without that I would have been far more messed up when I got back to the World. Thanks for asking.
I showed this to my wife. See honey...I need to spend a lot of money on a new custom shop guitar because it's an investment. I didn't realize how short our couch was until I had to stretch out on it.
I bought a 1996 Heritage H-150P (Poplar) back in 2012 for $680. Played it very little but I really did enjoy it. Mostly taught myself Blue Sky by Dickey Betts. Then I put the guitar away and waited. I sold it last year for $1,250
I agree most entry level Guitars built today are all great guitars!! As a new guitar player my advice would be find a guitar that feels and sounds good to You, regardless of what the name on the headstock is…
I feel like they pretty much missed the ball on what makes guitars appreciate and retain value. Claiming that a Martin will retain its value because it’s expensive now and handmade doesn’t really hold water when they still pump the same model out year after year. Still a cool video but not very good for insight into investing in guitars.
Yeah I thought so too. Totally forgot to mention the history of an instrument and how it can effect its value..IE...who previously owned it, etc... as well as rarity.
I feel like vintage guitars keep up with inflation. And some outperform inflation. I guess those would be investments. A friend of mine inherited a few guitars when her Dad passed. She sold them all and did pretty well.
People say entry level like it’s a bad thing. I’d rather buy a Squier than a Fender and mod it to my liking for a fraction of a stock Fender. My favorite bass was a Squier PJ bass and I was bummed when I sold it.
The vintage guitar market is going to absolutely collapse in the next 15 years. No one under the age of 45 has any interest in paying more than $2 grand for a guitar.
As a guitar collector (about 30 guitar right now) and a shark tank fan this was quite the crossover. Although buying a new modern guitar of any kind is probably not a good investment. I do have a couple vintage (pre-cbs) guitars that may be investment quality if anything is, but at best guitars are probably equivalent to a really conservative bond index as far as ROI. But they’re fun and tangible, so that’s why I buy.
@@whitebuffalo4904 I have - an early 1965 Jazzmaster in lake placid blue - 1964 candy apple red jaguar - 1950 broadcaster body with a 1955 telecaster neck, but that’s by far my rarest best one
If you want to make an investment in Fender buy a made in Japan Fender they will be at the $1000 and up they apparently very quickly and there generally regarded as as good if not better made than the U.S.A made Fender's
Japan has many guitar companies that aren't allowed to be sold in the US. They have several Les Paul type guitar companies that are very high quality builds, stuff like stainless steel frets, high quality electronics, and finishes. The kicker is they are sold for alot less than say a Gibson would be with the same components.
With all respect the playability of a guitar won’t be much of a factor collector wise. Ive had a few 50s Les Pauls that were like walking uphill to play compared to a custom shop. But their value and collectibility is much more. I have friends who swear by 70s Tokai or Greco copies but they’re probably a third of the value of a 70s Gibson (which are pretty hit and miss).
Problem with owning a guitar collection is that when you or your heirs want to cash in, it can be difficult to find the top bidder. Especially if you or your heirs want to unload the entire collection. I think that the notion that guitar collecting is a worthy financial proposition is a scam that dudes perpetrate on their wives.
Yes. As an avid collector, I agree. I've bought and sold well over 100 guitars, and the more expensive the guitar, the longer it takes to sell. The easiest guitar to sell is a Mexican strat for under $400. If you left your kids with a few hundred Mexican strats and Les Paul studios, it would be no problem, lol.
Yes, it was disturbing seeing that Crate! Like, WHAT??!???/WTF!?!??? Absolutely bafflingly wrong and bizarre!!!! He should have a JTM45 Bluesbreaker sitting there or, a AC30 or, a Dr. Z or, a Deluxe, a Vibrolux or, any of the nicer Fender amps, Soldano, Two Rock, Matchless!
I am 51 years old without a retirement plan yet, any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $1000k
In time like this the best thing any American can do for him or herself is to have another source of income apart from his or her salary, invest wisely people!
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Hello I'm new to forex and I have been making huge loses but recently I see a lot of people earning from it,please can someone please tell me what is going wrong
Take a look at the early Made in Japan Squiers, the Antigua Squier Jazzmaster and the Squier J Mascis Jazzmaster. Even inexpensive, entry-level guitars can be a good investment.
I bought a USA Gibson LPJ in 2018 for $400, they’re now going for 1400 on Reverb and I’ve made at least 30k playing the thing at gigs since I bought it… I’d say that’s a decent investment for four hundred bucks.
If you are here in 2021 and you don't have any investment or alternate source of income, then you are not safe, invest now! It's better late than never.
There might be many investments out there, but if profit must be considered I will advise you go into bitcoin trading because it has higher profit than most investments.
"You have to play every single one." That's the first thing you're right about. When I was shopping for my Ramirez concert class 1a, I had to drive from Calgary to Bozeman Montana (because Gibson was the north American dealer). They had 30. It took me three very long days, at least 12 hours each.
I picked up a ‘78 Gibson Les Paul Custom, damn near mint, all original, about 6 years ago for $2,200. Seeing what those are going for these days, I’m thinking it was a good investment.
Yeah that's an investment. Not a great investment. But it will appreciate. But if you like it, enjoy it, or get inspired by it... then THAT'S the investment. If Slash gets inspired and comes up with something iconic on an Epiphone, then that guitar will appreciate.
What a surprise to see Kevin there. Love that store. Never miss an opportunity to stop by whenever I'm in the area. They make great coffe too, expensive but at least its great.
It has been for me, played guitar most my life at this point and has been essential for me and my health and has helped me get by too when times have been tough, which has been my whole life but hopefully AMC goes to the moon soon so that should soon change.
I have tried out so many Epiphones, the pickups are usually good and the semi-hollows are a good deal( Sheraton, Riviera, Casino) but besides that I am sometimes almost shocked at the solid bodies( Les Paul, SG ,etc.) fret work and inability to stay in tune. The fretboards are very dry and above the 12th fret your hitting dead notes and notes which have strange overtures. Many people buy a Epi and go to work getting the frets crowned and polished, replacing the pickups, and other cheap/very easy to break hardware. Now I think you could Pleck “it for 200-300$. Other modifiers can sometimes get to within 90% of a US guitar Les Paul. But you could also just save up another $300-400$ and get a Les Paul US and not worry about all the hardware replacements when trying to customize a Epi-LP. Ah, whatever.
Hi Kevin, in 1968 a Fender Strat cost $265.00. I have the original brochure with all the Fender gear and the salesman wrote the price $265.00. I was a kid earning $5 bucks mowing yards which equates to 53 yards and that doesn't include the amp. That was a lot back then. I look at a custom shop guitar or an expensive guitar like a pianist who purchases a Steinway or Baldwin. When you get really good you want to play a guitar that is really good. In 1975 I purchased a Martin D-35, I worked the whole summer for that guitar and I still own it today. I played 10 of them that day and I agree they all feel different. Nice video thanks.
Love the concept. I think I'm going to copy that concept on the west coast. 😎 Guitars n' Cars! Vintage guitars and vintage cars under one roof. Kevin maybe become an investor? 😁
As a business man, I love Kevin's questions. I too ask these in any shop I am in lol I feel like the guitar techs seemed nervous in this video and just need to relax. Kevin won't bite !
Hey just wonderful . Dan here from Davenport, Iowa Brother your super awesome old school. Love ya on the shark tank few times you had me in tears . You’re just old school tradition and I dig that buddy
Always a dream of mine was to play one song on the guitar. Took lessons for a while 20 years ago then kids come along and well that was that. Just absolutely love the guitar 🎸 maybe one day again I can chase that dream.
Kevin - I admire you playing in front of the camera. You know there'll be some haters in the comments nit-picking your skill level... but anyone who's humble enough to play in front of tens of thousands of people without letting the haters deter them from the joy of playing a guitar (at any skill level) has my whole-hearted endorsement and encouragement. Cheers!
Yeah it's got nothing to do with his skill level it's got to do with the fact that he hyped that guy as the greatest guitar tech in the world but his guitar when he went to play it was really poorly intonated and set up.. 😂🤷
kevin is what's wrong with the industry. a rich fool who can't play, but buys them up and drives the prices up, takes the ability to own a vintage instrument out of the hands of actual players.
@@louiscyfer6944man you guys sound like communists lol Theres always someone richer and poorer. Im sure we could find some poor 3rd world musicians that would say the same thing about you 😂
You don’t need to spend giant amounts on a single guitar to view it as an investment. I have bought a guitar for $300 that I ended up selling for $500 and then sold that guitar later for $700... on and on until I had a $4000 Les Paul. Just with smart trades and knowing when I was getting a good deal I turned a $300 investment into a $4000 guitar over a few years.
I was thinking the same thing. I also haven't seen many custom shop guitars increase in value as a general rule. Only on rare occasion. I tend to only buy guitars I like and keep them forever after upgrades.
I agree. Any guitar is an investment. If you intend to play it and gig with it. You are investing new strings and hardware from time to time. And as a players guitar. You generally do not care what kind of guitar you have. As long as it is well setup. Sounds the way you want. And holds tune. And those bumps and bruises your guitar takes are just mojo.
@@qua7771 I remember playing a black beauty. And it was disappointing. It's just a black les paul with gold hardware. And it would fret out in the upper register past the 12th fret.
That's interesting, never thought of buying guitars as investments. There are probably so many different products that can be taken in as appreciating assets that you never think about.
I started buying “serious” guitars a few years back. Not to make money but rather to have fun out of my savings rather than just watching a number go up or down. As long as I don’t lose too much I’ll be happy. Started small with a 60s Guild Starfire. But things quickly got out of hand :) in the past 3 years I’ve bought and sold maybe 30 guitars. Lost money on some but made money on others. Maybe up around 10k now. Sold a 52 Goldtop to get a 59 Esquire. Sold a 55 Custom to get a 57 Mary Kaye Strat. They’re mostly refins or some issues like rewound pickups but I get to experience the guitar for a fraction of the price. And the rate of value increase is the same at a lower investment
I'm a guitarist. Guitars are an awful financial investment. They depreciate significantly as soon as you walk out of the music store after buying one. The only guitars that don't depreciate are the super high end collector items. But yeah, regular guitars depreciate quickly. That's why you should buy an excellent guitar and keep it for your lifetime. Buy the best guitar you can (something like a Gibson Les Paul Custom) and hold on to it forever. That way, you won't be stuck with a bad guitar and have to buy another one and another one and another one. I actaully decided to buy two nice guitars. I've had them for over 25 years. They both have a different tone, which was my goal. I have a Gibson Les Paul Standard and a American Standard Fender Stratocaster (Custom Shop). I love these guitars and will hold on to them for my whole life. I don't want to sell them. And I would never sell them anyway because they depreciate so very much right after you buy them.
not true whatsoever, a car? yes it loses value the second it leaves the lot, but because after a set amount of miles it’s cooked. there’s guitars from 56’ that you could beat the absolute shit out of for 60 years and it would still sound great, and it would still sell for the price you bought it, if not more. Guitars are an awful financial investment only for someone who sees it as nothing but a financial investment
@@Lif3OfAMV I've never met a musician who denies that guitars depreciate. A rare select few go up in price, yes. But you're the first person who flat out denies depreciation in guitars. It's absurd, really.
Buy used sell used, u could get a new guitar every month, sell the old one and never lose a penny. I’m telling u ANYONE who buys a brand new guitar is a sucker. There are enough great guitars out there in the world to go around.
@@andrewmilton6444 You really have to know what you're doing when you buy used, though. You had better make sure all of the original parts are on that used guitar. If you don't know for sure, bring an expert with you when you go shopping for a used guitar.
To much product, every damn online music retailer shoving product in peoples faces 90 percent from your tone is in your hands. High end gear wont make u a better player get you a band or bring you any kind of work period
I like how Kevin considers all the things he loves an investment, uhh I love that watch, it is quite expensive, but i like it so much... I am purchasing it. it's an investment!
Hi, I have a 56 Fender Precision Bass that I purchased back in the early 60's. The guy sold it to me in a brown paper bag. Yes, the Bass was totally in pieces, but all the pieces were there. While it was apart I had the body of the Bass professionally painted. When I got it back I assembled it and played it professionally for almost 30 years. I still have the Bass and it is all original even down to the Pick-Up, yes, it still has the originally wound Pick-Up and it still works. The chrome plate on the back of the body that holds the neck to the body has one - (dash) in the serial number. Any idea of what it's worth today? It now hangs on the wall of my Family Room.
Well, yeah. That's a few months. Also, it depends on which Les Paul you're talking about. If it's a black/red Les Paul Studio, then it's probably not going to appreciate for quite a few years, maybe not ever. If you're buying a special release or limited run, you're more likely to see some appreciation in value. But again, it isn't going to happen in the span of a few months. Even 59/60 Gibson Les Paul Bursts depreciated in value before they began appreciating. It takes time. The Adam Jones signature models are going to go absolutely nuts down the road, especially after he passes.
I appreciate that Walt Grace points out how you can buy a 700 or $800 guitar, and it’s a great guitar and could be with you for the rest of your life. So there is a lot of value in buying an inexpensive guitar. I am no fan of Kevin‘s but appreciate that he enjoys playing guitar. I have purchased vintage guitars and they have increased in value but they are not very good as investments. When I spend $5000 on a guitar, I know that if I get tired of playing that in five years, or find, another guitar would rather play, it will probably retain its value and even have increased a little bit. But that is not something you can count on, and it does depend on things like inflation, the market, pandemics, etc. In fact, Kevin never really answers the question of whether they are good investments. The time when a 59 Strat was up to $45k have come and gone! It is now closer to $25k.
Hand crafted is imperfect its suttel differences set it apart from mass produced items and honestly add value to it. The guy probly had a jig but the jig was off he may have only drilled 5 of the limited run that way, so if its part of a limited collection only 5 of them are golden limited group. After the first 5 are extremely rare. Mistakes but work perfectly.
Honestly when I was younger I bought me a a cheap old $450 Michael Kelley guitar. Years later I bought me a gretsch, strat, and a gibson, but my Michael Kelley has always been my go to 😂😂😂
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Thanks Kevin, fellow Canadian. I never heard of this store, I hear a lot about Norm''s. You and I probably agree they should do more marketing and social media.
Guitars are very addictive. I see some here in the Nashville area over $100k. The cool/scary thing is that you can pick most of them up and start playing them.
Cool video! It would be really interesting to have you talk to Phillip McKnight about this topic. He has a gear chanel and also commented below. He often talks about resale value and building a collection by trading up, which guitars appreciate in value etc. and knows what he is talking about!
It all depends on if a person wants to pay for it, I've had vintage Gibson's and every time I advertised, nobody wanted them for near what they were worth. I actually think vintage amps are more viable , just my experience
