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Joined:
July 2007
Posts: 325
Location: Texas | Okay - so Fender is buying the company - Who thinks it is a good investment to buy Pre Fender Adamas and Ovations? I am a collector - can only play 5 songs - trying for that 6th but I would like to think my guitars will go up in value and not down.
Looking for your answers. :rolleyes: |
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Joined:
November 2005
Posts: 4820
Location: Campbell River, British Columbia | You want a sure investment? Ask Warren Buffet.
Buy the guitars you like, if they go up in value it just means the taste of others is improving. |
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Joined:
July 2007
Posts: 325
Location: Texas | Do you think Warren would take the time to tell me :D :D I bet guitars are not on his stock list. |
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Joined:
September 2003
Posts: 9301
Location: south east Michigan | Maybe the Celebs will move to Mexico. Maybe they will put a push on the Ultras.
I don't know.
But until I hear different, I expect good, and even improved products to continue to come out of the Mothership. |
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Joined:
December 2001
Posts: 10581
Location: NJ | IMHO an adamas is one of the best investments you can make |
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Joined:
July 2007
Posts: 325
Location: Texas | sell me one cheap Alpep LOL |
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Joined:
January 2005
Posts: 4903
Location: Phoenix AZ | Originally posted by vision:
I would like to think my guitars will go up in value and not down. I agree with Al about Adamas, but not about Ovation. In all seriousness, in my opinion if you are a collector wanting to invest in guitars that all appreciate in value than you are in the wrong place. I don't mean that as a negative comment towards Ovation in any way. But I see Ovation as the "working mans's guitar". The F-150 pickup truck of the guitar world. People buy F-150's to get a job done, not to bankroll their retirements.
I have sold over 90 of my ovation guitars (the complete list is on my website) and to be honest the number of them that I even made a single dollar of profit or appreciation in value is close to zero. I'm serious. Ovation guitars do not go up in value and that's just the way it is. The only exception is the original Slothead.
To be honest (I'm trying to say this without sounding like an ovation-bashing) I actually think and hope that it's the POST Fender Ovations that turn out to be the valuable ones. The reason I say this is because in my heart or hearts as much as I love Ovation, I really think they take a back seat to other builders in terms of product quality. I see too many little issues, a spot here, a misfit here, rough edges here, etc. That stuff just does not happen to the same frequency on other brands that I inspect regularly. And I think/hope that THIS is an area that maybe Fender can lend some help. It won't take a lot, and it's not like the quality is aweful, it's just the last 5% of the job needs to get a little more attention.
So, I am personally hoping for REALLY good things in terms of product quality and maybe some increase in R&D funding could lead to the development of "who knows what". I'd like to believe that the sky is the limit and that PFO's (Post Fender Ovations) will be THE instrument to own, even from an investment/collectability point of view. I have no current plans to buy any Ovation guitars, but hopefully that will change with the new guard.
Dave |
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Joined:
May 2003
Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | I think it's always a great time to buy a guitar you love, can afford and use. I would never buy a guitar as an investment vehicle. Sure as a side benefit, if it goes up, well, that's great.
As to whether Fender's purchase helps pre-fender guitars, it depends on the quality of the post-fender guitars. As far as I know, everything is the same, so I guess my answer, in terms of investment vehicles and how it relates to the fender purchase, is no.
Adamas are great guitars. |
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Joined:
July 2007
Posts: 325
Location: Texas | On the ovations, I primarily stick to the vintage ones - 1982 mint collectors, 1985 6 & 12 string collectors and two 1983 1537's - which are the best sounding ovations IMHO. I also bought a mint, never played 1974 1112-4 ballader - those are my ovations - not really interested in the newer ones. The rest are adamas. Where I would like to say I just play for the enjoyment - medical reasons prevent that so I hope I buy ones that will increase in value, since I keep all my guitars mint and gently played.
I bet there are people out there that bought a 52 Fender telecaster in 1952 and sold it a few years later that are kicking themselves now. Hopefully, as the years pass some of my guitar will make me smile with the price they bring when I have to start selling all my material possesions - Don't laugh....It will happen to everyone of us someday :D |
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Joined:
March 2005
Posts: 12750
Location: Boise, Idaho | The best investment advice I can give is don't do what I did. If I buy anything, the value goes down. That's a fact of my life. Since I've bought quite a few Ovations in the last couple years, I'd bet the value will go down. If they don't follow tradition and the value increases, I doubt I'll sell anyway.
Just play more and you won't have to worry about the value. |
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Joined:
October 2006
Posts: 5575
Location: big island | i used to sell fine art for a living. the "investment" issue would almost always come up. i would gently instill the thought in the potential buyer that the real investment is what happens inside of her as she is gazing upon the piece. how the art moves her and makes her feel. the real investment is how her life and her home are enhanced by the artwork. a dollar value cannot be placed on that. certainly i could state the history of the artist and the market trend for his/her art but that has no bearing on where the art takes your spirit.
i always cautioned the buyer to acquire the piece because they loved it. if the artist's work happens to increase in value, great. most people don't buy art with the intention of re-selling it anyway. there are some extremely wealthy exceptions to this rule and i think they miss the point of art altogether.
buy a guitar and play it cuz you love it. if you find you don't love it anymore, sell it. if you make a monetary profit, terrific. if not, simply recall how you felt making music and how the guitar once moved your spirit. you got your money's worth. |
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Joined:
July 2003
Posts: 3111
Location: Nashville TN. | I don't think its limited to the slot heads
I have seen storm series guitar sell 2 to 3 times the orginal list price. Breadwinners and all solid body guitars are selling far above thier street prices.
Intially they take dive then then start going up.
Its not been fast.
The change in owership may make collectors market. |
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Joined:
January 2006
Posts: 5881
Location: Colorado Rocky Mountains | Well said, Randy. That's my feeling every time I walk into the bandroom and turn on the signs. |
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Need a vote
