So I was watching this video.
https://www.youtube.com/watch?v=zkV42cQ1mwg
Most of the points he makes are salient.
One I disagree with and that would be the vintage market. There are fewer and fewer buyers who can appreciate
These things only move when the original owners grandson dies and it shows up at an estate auction. Prices are high and they never move.
https://reverb.com/item/56782125-d-ange ... shell-case
Two years later and didn't move.
https://reverb.com/item/50538808-1948-g ... 5-premiere
As an investment they are not a good idea.
With regards to the rest of the market I'm not surprised. Less than one in 100 people who take up the guitar are playing a year later and there is a significant fall off in the second year as well.
It may be that the coming months we'll see deep discounts in the middle and higher tier guitars.
Sam Ash is closing half of it's stores. They claim that the rent is too damn high. And I can believe most of that. Venture capitalists are buying anything and every property they can and inflating the price. That's why there is a big push to get workers back in the office. They can't rent empty office space. The other side is that brick and mortar retailers have been dying a slow death. The ones that get ahead of the curve with lots of promo work on social media coupled with online sales are the ones that are surviving.
I've bought two things ever that were sold on Sam Ash. Both are guitars under the "Guitar Research" (not affiliated with Schecter) They are damn good jazz boxes but I had to sell during my clearing house years back.
https://www.youtube.com/watch?v=zkV42cQ1mwg
Most of the points he makes are salient.
One I disagree with and that would be the vintage market. There are fewer and fewer buyers who can appreciate
These things only move when the original owners grandson dies and it shows up at an estate auction. Prices are high and they never move.
https://reverb.com/item/56782125-d-ange ... shell-case
Two years later and didn't move.
https://reverb.com/item/50538808-1948-g ... 5-premiere
As an investment they are not a good idea.
With regards to the rest of the market I'm not surprised. Less than one in 100 people who take up the guitar are playing a year later and there is a significant fall off in the second year as well.
It may be that the coming months we'll see deep discounts in the middle and higher tier guitars.
Sam Ash is closing half of it's stores. They claim that the rent is too damn high. And I can believe most of that. Venture capitalists are buying anything and every property they can and inflating the price. That's why there is a big push to get workers back in the office. They can't rent empty office space. The other side is that brick and mortar retailers have been dying a slow death. The ones that get ahead of the curve with lots of promo work on social media coupled with online sales are the ones that are surviving.
I've bought two things ever that were sold on Sam Ash. Both are guitars under the "Guitar Research" (not affiliated with Schecter) They are damn good jazz boxes but I had to sell during my clearing house years back.
Statistics: Posted by tapper mike — Thu Mar 14, 2024 5:12 pm — Replies 2 — Views 80