Martin Parlor Guitar 1860

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Hippety Hop
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Martin Parlor Guitar 1860

Post by Hippety Hop » Thu Aug 27, 2009 12:57 pm

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Hippus Erectus

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Kim
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Post by Kim » Thu Aug 27, 2009 4:50 pm

Thanks for posting Hip, I would have thought it would be valued quite a bit more than quoted.

Cheers

Kim

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Dennis Leahy
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Post by Dennis Leahy » Thu Aug 27, 2009 9:22 pm

Kim wrote:Thanks for posting Hip, I would have thought it would be valued quite a bit more than quoted.

Cheers

Kim
I was thinking the same thing, Kim. I don't know what the true value is (I suppose, like any collectable, the true value is whatever someone will actually pay), but I would not be surprised if it could be sold for 4x to 8x more than that Road Show guy's appraisal.

Or, if the appraiser is correct, then it would only take 4 or 5 of those ivory-bound, made by CF Martin himself in 1863 guitars to buy one new Manzer or a Somogyi.

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Lillian
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Post by Lillian » Thu Aug 27, 2009 9:23 pm

I would have thought so too, but they are only as valuable as people are willing to pay. Parlors just aren't as sought after.

My friend who owns the two 1830-1850 Martin parlors paid a measly sum of about 500 for one and about 800 for the other when he bought them 15 years ago. I still don't believe it. I have begged him to contact me first if he ever decides to sells them.

Dennis, the Road Show guy isn't far off the mark if at all. I was curious what I might need to scrap together if I bought the two parlors so I started searching. I can't remember the name of the place in Nashville that is a clearing house for used instruments, but they had a late 1870-1880's Martin parlor for sale and the asking price was about 4000. I can't remember if it had ivory trim or not, but still. Yeah you could spend more on a new instrument than one made by C F Martin himself.

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Allen
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Post by Allen » Sun Aug 30, 2009 6:37 am

How's the detailed drawings of your friends parlor guitar coming along Lillian? I'm really interested in seeing what the finished product looks like.
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Lillian
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Post by Lillian » Sun Aug 30, 2009 8:08 am

Honestly, it isn't Allen. I have spread my free time too thin. I'm determined to finish my first guitar before the year is up. But that has been slow going as well.

Why is it when you use scrap for your first run at things everything goes well, but when you reach for the spendier stuff Murphy shows up and throws a party?

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Dennis Leahy
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Post by Dennis Leahy » Sun Aug 30, 2009 1:09 pm

Lillian wrote:I would have thought so too, but they are only as valuable as people are willing to pay. Parlors just aren't as sought after.

My friend who owns the two 1830-1850 Martin parlors paid a measly sum of about 500 for one and about 800 for the other when he bought them 15 years ago. I still don't believe it. I have begged him to contact me first if he ever decides to sells them.

Dennis, the Road Show guy isn't far off the mark if at all. I was curious what I might need to scrap together if I bought the two parlors so I started searching. I can't remember the name of the place in Nashville that is a clearing house for used instruments, but they had a late 1870-1880's Martin parlor for sale and the asking price was about 4000. I can't remember if it had ivory trim or not, but still. Yeah you could spend more on a new instrument than one made by C F Martin himself.
In the avatar pic that I use at the TLC and OLF (of me holding a guitar), the guitar is the very first Martin model 1-45, and may have been built by CF Martin himself, and I was told it was worth $125,000. That probably skewed my perception of what old Martins are worth.

Dennis
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