There are several factors that determine a guitar’s values. A lot of people, particularly guitar enthusiasts, often ask experts on how to identify guitar values, especially when they have plans on selling their guitars. The value of a guitar, whether it is a Fender, a Gibson, or a Martin, is usually determined by playability, age, beauty, and quality, but in this article the main factors that will help determine guitar values are enumerated as follows:
- The first factor is based on the information available about your guitar, which includes brand, model, and serial number. Usually the brand and the model are already identified through the serial number.
- Next, you have to know the exact condition of the guitar. The condition dictates the guitar values, so here are some guidelines you can follow:
o 100% new – this means the guitar is made with new materials and comes with warranty, owner’s manual, case, and other items included in the package. Note: a guitar is only priced at its 100% value if it hasn’t been sold at retail stores yet.
o Excellent – this condition is divided between High Excellency and Low Excellency. High Excellency usually means the guitar is hardly used and clean. Low Excellency refers to guitars that has been used, already accumulated some minor scratches, light dings, and small chips.
o Average – this condition means the guitar has been used by the player for quite some time already. Average guitars are either have normal dents, small chips and dings, but at times it could have major scratches or have gone through finishes or replacements.