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New member question about an old O

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   Forums Archive -> The Vault: 2008Message format
 
nmurvin
Posted 2008-12-05 7:24 PM (#8403)
Subject: New member question about an old O


Joined:
December 2008
Posts: 3

Location: Simi Valley, CA
I gave my daughter my Ovation that I bought new in college (~1972). It is a 1121-4 with the original brown case and in mint condition.

With the recent upturn in values for USA made Ovations, is this guitar worth much? She has it on a floor stand with a 1 yr old. It's only a matter of time before he gets to it . . .
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muzza
Posted 2008-12-05 7:29 PM (#8404 - in reply to #8403)
Subject: Re: New member question about an old O



Joined:
August 2005
Posts: 3736

Location: Sunshine State, Australia
Buy her a Hercules wall hanger for Christmas and get the Ovation off the floor.
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nmurvin
Posted 2008-12-05 7:38 PM (#8405 - in reply to #8403)
Subject: Re: New member question about an old O


Joined:
December 2008
Posts: 3

Location: Simi Valley, CA
She has one. I'll be visiting over the holidays and will try to convince her to let me install it.

A few years ago, I checked and the value of this guitar was about what I paid for it in 1972 ($350 or so) - which means it went down in real dollar value. If it has gone up due to recent changes, I'd like to know. I'd like her to be aware of its value (besides the sentimental side, of course).

So, are you near Brisbane? I visited there a couple of years ago. Beautiful place . . .
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FlySig
Posted 2008-12-05 7:46 PM (#8406 - in reply to #8403)
Subject: Re: New member question about an old O



Joined:
October 2005
Posts: 4046

Location: Utah
Right now, used guitar values are very depressed due to the knee jerk panic to the economy. In a few months I would expect that values will again go up to where they were 6 months ago.

When you mount that Herc wall hanger, be sure it is secured with long screws into a wall stud, not just into wallboard.
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stonebobbo
Posted 2008-12-05 8:05 PM (#8407 - in reply to #8403)
Subject: Re: New member question about an old O



Joined:
August 2002
Posts: 8307

Location: Tennessee
Welcome. That particular guitar in that particluar condition will be a "vintage" instrument at some point. I think we are on the edge of that next step where Ovations will be accepted, but it may still take a few more years before it gets into full swing. So a litle precaution is warranted.

However! Guitars are meant to be played. Music is good for the soul, and generally a happy time. That's good for kids. If the guitar is around kids, it will take hits no matter what you do. I have a couple of old treasured ones with their share of "beauty marks" on them. Caused by my kids. Now that my kids are essentiall grown and we have recorded music together, and my son got his music published and released on a label, the beauty marks represent joyous memories.

Encourage your daughter to exercise the same caution with the guitar as you did when she was around. And plan to pass it own to her child someday. And on from there. No amount of money can replace that kind of legacy.
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muzza
Posted 2008-12-05 8:09 PM (#8408 - in reply to #8403)
Subject: Re: New member question about an old O



Joined:
August 2005
Posts: 3736

Location: Sunshine State, Australia
Originally posted by nmurvin:
So, are you near Brisbane? I visited there a couple of years ago. Beautiful place . . .
I'm about an hour and a half north of Brisbane. There are 2 regular contributors IN Brisbane. We had a get together a few weekends ago and one of the Melbourne members joined us.

Yes, it is a beautiful city, (for a city) and Queensland is a great place to live.
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