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How much is this guitar worth (updated pics in the OP - finally)

Posted on 7/18/12 at 11:32 am
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 11:32 am
I have a custom made martin guitar signed by hootie and the blowfish. The guitar pre-signatures is worth $3,000. I know that Hootie and Blowfish wasn't a huge band, but the guitar has to be worth something to a serious collector/big fan.

How much is this bad boy worth? Is it better to try and sell it now or wait 10+ years? Lastly, it has been played less than 10 times for less than 30 minutes total, would it be a dumb idea to try and learn guitar on it?





Here are the pics....








This post was edited on 8/13/12 at 8:48 am
Posted by BrockLanders
By Appointment Only
Member since Sep 2008
6517 posts
Posted on 7/18/12 at 11:44 am to

You might do better getting the signatures off.

Usually, people who want a signed guitar aren't worried about the quality of the guitar itself.
Posted by CocoLoco
Member since Jan 2012
29108 posts
Posted on 7/18/12 at 11:47 am to
Not sure if that really adds much value to it, unless it's for a big time fan. A big fan of the group would pay a good bit for it. That'd be the only way I really see added value from the signature. It's not like we are talking about a Bob Dylan signature.

The signature to some might depreciate the value actually. I'd play on it and use it. It's a Martin guitar, and obviously a pretty damn good one in great condition.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 11:48 am to
To be honest I don't care either way. I'm not a fan, just happened that someone in the family won the guitar and gave it to me.

I'm looking to start learning how to play and if I should sell this bad boy and just buy something inexpensive (or keep it if it might appreciate in value).
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 11:49 am to
quote:

The signature to some might depreciate the value actually.


Probably right. But there has to be a huge Darius Rucker/Hootie and the Blowfish fan willing to buy this for their collection. Obviously they never were a huge band but they do have a smaller following.
Posted by BrockLanders
By Appointment Only
Member since Sep 2008
6517 posts
Posted on 7/18/12 at 11:54 am to
quote:

But there has to be a huge Darius Rucker/Hootie and the Blowfish fan willing to buy this for their collection. Obviously they never were a huge band but they do have a smaller following.



So I would suggest thinking about how many people would be interested in the guitar itself versus how many people who would be interested in the autographs - but who have to pay thousands for the guitar to get those autographs. I think there's a lot less of the latter.

If you sold the guitar without the signatures, you'd still be able to turn around and get a nice instrument, plus have plenty left over.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 11:56 am to
But wouldn't the smaller # of hardcore darius rucker/hootie fans be willing to pay more than what the guitar is worth without the signatures?

Also, I don't know jack about guitars, but don't martins appreciate in value?
Posted by BrockLanders
By Appointment Only
Member since Sep 2008
6517 posts
Posted on 7/18/12 at 11:59 am to
quote:

But wouldn't the smaller # of hardcore darius rucker/hootie fans be willing to pay more than what the guitar is worth without the signatures? Also, I don't know jack about guitars, but don't martins appreciate in value?


Very hard to say, but you at least know that there's not a lot of them out there. So it may require a lot of patience.

Sure, a Martin can appreciate in value. But unless it's an autograph from someone legendary or deceased, it may very well have a negative effect on the value.
Posted by Dr. 3
Member since Mar 2005
11368 posts
Posted on 7/18/12 at 12:26 pm to
quote:

Obviously they never were a huge band but they do have a smaller following.


Im not a fan but Cracked Rear View sold 10 million records
Posted by TheDoc
doc is no more
Member since Dec 2005
99297 posts
Posted on 7/18/12 at 12:27 pm to
Well, hootie and the blowfish were pretty big back in the mid 90's, so it could be worth something.
Posted by barry
Location, Location, Location
Member since Aug 2006
51421 posts
Posted on 7/18/12 at 1:30 pm to
If you are learning to play, just keep the guitar. If you want to sell it in the future you can get roughly the same amount or more.
Posted by Eighteen
Member since Dec 2006
37474 posts
Posted on 7/18/12 at 1:44 pm to
The people that care about the signatures dont care about the actual quality of the guitar...it is just going to be very rare to find someone who a) wants a $3,000 guitar and b) is a big Hootie fan

honestly if it was me I would wipe the autographs off and just sell the guitar...use the money to buy a cheaper Martin or Taylor guitar to learn on and keep the rest of the cash

Or you could just try and learn on it, and if you like it you will have a bad arse guitar you play on and if you dont end up liking to play you can sell it for not much loss (it will hold its value if you play it as long as you take care of it)

ETA: by the way that is a pretty awesome story, pics?
This post was edited on 7/18/12 at 1:45 pm
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 2:20 pm to
Exactly what I wanted to hear, going to order a bunch of guitar stuff and get crackin'
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 2:23 pm to
I'll upload some pics later. It's a beautiful guitar. The back story is even better: the relative who won the guitar was at a business conference in Vegas. For some reason the boss bought everyone tickets to go see Hootie and my relative ended up not going. She got a call the next day saying she won a guitar and she needed to come pick it up

Btw, I found this link for another guitar signed by hootie. It's a black fender with an estimated price of $5,000 to $10,000.

LINK


Eta: guitar only sold for $1,200. FML
This post was edited on 7/18/12 at 2:26 pm
Posted by TheDoc
doc is no more
Member since Dec 2005
99297 posts
Posted on 7/18/12 at 2:26 pm to
quote:

honestly if it was me I would wipe the autographs off and just sell the guitar...use the money to buy a cheaper Martin or Taylor guitar to learn on and keep the rest of the cash


This
Posted by TheDoc
doc is no more
Member since Dec 2005
99297 posts
Posted on 7/18/12 at 2:27 pm to
quote:

Btw, I found this link for another guitar signed by hootie. It's a black fender with an estimated price of $5,000 to $10,000.


If you could get it to auction, you could possibly make some money on it.

Have any paperwork for it?
Posted by barry
Location, Location, Location
Member since Aug 2006
51421 posts
Posted on 7/18/12 at 2:31 pm to
quote:

Btw, I found this link for another guitar signed by hootie. It's a black fender with an estimated price of $5,000 to $10,000.

LINK


Eta: guitar only sold for $1,200. FML



That was a stupid estimate cause its on a shitty guitar.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 2:32 pm to
Nope, it didn't come with any paperwork. Just the guitar, a nice martin case, and all of the martin stickers.

I'm sure it could be easily verified, though.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
46735 posts
Posted on 7/18/12 at 2:41 pm to
Appreciate the help everyone


Quick offshoot question...what's the best tuner on the market in the $10-$15 range?

This has the best reviews on amazon

LINK
Posted by Dr. 3
Member since Mar 2005
11368 posts
Posted on 7/18/12 at 2:42 pm to
What kind of martin?
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