Guitars: Musical Merchandise?
Guitars are one of the most appealing and accessible of all popular instruments. Why?
If you ask Stan Jay, he will tell you it's because it's easy to get started. A person can learn just four chords and, in one hour, be able to play 500 different songs. Yet, at its highest level, one can devote decades to its study and still not sound like Segovia, Chet Atkins, Charlie Byrd or Jimi Hendrix.
And Jay ought to know what he is talking about. He is the head honcho at Mandolin Brothers on Staten Island, N.Y., one of the nation's best-known guitar stores. He joins Collectibles Expert Tony Hyman on The Saturday Early Show to display and discuss the following 10 instruments:
Mandolin Bros. |
Gibson 1930s Lap Steel |
Mandolin Bros. |
Gibson 1936 ES-150 Electric Archtop |
Mandolin Bros. |
Gibson 1960 Les Paul Special |
Mandolin Bros. |
1960 Les Paul Standard |
Mandolin Bros. |
Fender 1963 Stratocaster |
Mandolin Bros. |
A Fender Telecaster in "See-Through Blonde" Finish |
Mandolin Bros. |
A Gibson 1967 ES-335 |
Mandolin Bros. |
A Rickenbacker (new) Model 360/12V64 12-String |
Mandolin Bros. |
A Gretsch 1964 "White Falcon" |
Mandolin Bros. |
"The Teardrop" |
Mandolin Bros. |
Wall of Banjos |
"I bought a 1920s Stella mandolin," he recalls, "and, visiting California after graduation from Penn State University, traded it for the use of somebody's Saab automobile for the summer. A lightbulb went on that said, 'Your calling is American fretted instruments. Go and create a company that every guitar-playing musician in the world will consider "mecca."' I think we've done that."
Mandolin Bros. |
Wall of mandolins |
"My original partner and I...chose the word 'mandolin' because, when you think about it, evey music store in the USA is somebody's last name (or a musical term) and the word 'music' or 'guitars' after it," Jay explains. "We felt that type of name to be trite, and besides, the poor neglected mandolin needed the publicity. We were two guys in our mid-20s embarking on a new business and 'brothers' seemed appropriate. Thus, Mandolin Brothers."
Jay says that the important considerations when purchasing investment-quality instruments are:
- Brand
- Model
- Originality
- Condition
- Playability
- Type of carrying case
Find out about other collectibles described by The Saturday Early Show's Tony Hyman in the Collectibles Archive or visit Tony Hyman's Web site. If you think you have a collectible worth a lot of cash, send an email to sat@cbsnews.com with "What's It Worth?" in the subject line. Or write to "What's It Worth?" The Saturday Early Show, 514 West 57th St., 6th floor, New York, N.Y. 10019. |
When dealers talk about "vintage guitars," they are not only referring to guitars from a good period; they also mean that the guitars were made at a time when certain manufacturing processes were used, or materials chosen, either of which are no longer
available.
In acoustic guitars, lines are drawn in history which define the vintage era. C.F. Martin is considered the finest manufacturer of acoustic guitars. The company was founded in 1833, which makes it 168 years old. It is still owned by the same family; the current president is Christian Frederick Martin IV.
In the fall of 1969, due to their early recognition of environmental concerns, Martin ceased using a type of wood generally considered to be the best tone wood (Brazilian rosewood). A Martin D-28 made just before the cutoff has a market value today of $3,500. One made in 1970 has a market value of $1,500 - an decrease of 233 percent, just because it was it was made four months later of East Indian rosewood.
The same thing happened in January 1965, when Leo Fender, owner and founder of the Fender Musical Instrument Company of Fullerton, Calif., sold his company to CBS. A 1965 Stratocaster (depending on color, condition and originality) can be worth $5,000 to $12,000. As one moves forward in time, the price drops around $1,000 to $1,500 a year, until you get to 1973 (prices in the high teens), and by 1975, only $900 to $1,300.
From left, Christopher Guest, Stan Jay, and guitarist David Nichtern Mandolin Brothers is listed on The New York Music Trail, a map of famous sites of music established by the City of New York and the Grammy Awards Committee, along with Carnegie Hall, Lincoln Center, the Apollo Theatre and the John Lennon Memorial in Central Park. Paul McCartney chose Mandolin Brothers to repair his original Beatle bass guitar for him. Joni Mitchell, following a visit and purchase, wrote her "Song for Sharon" (on the "Hejira" album), which starts with the line "I went to Staten Island, Sharon, to buy myself a mandolin."
Mandolin Bros. |
Part of the "High End" room at Mandolin Brothers showroom. Archtop guitars dating from the 1930s to brand new instruments decorate the walls, and customers may make themselves comfortable on a Federal Period 1850s couch. |
Jay's reply: "Well, yeah, sure. But that would mean I'd have to commute to Manhattan from Staten Island, and anybody who's ever been to Staten Island knows that it's the Borough of 'parks and single-family homes.' ...Our store is like no other guitar emporium in the world: quiet, well-stocked, restful, and we give players the freedom to try out even the most expensive pieces. We simply could not do this in Manhattan."
If you've got a question about your guitar, banjo or mandolin, Mandolin Brothers has the answer. Here is the information:
Stan Jay, President
Mandolin Brothers, Ltd.
629 Forest Avenue
Staten Island, New York 10310
Telephone: (718) 981-8585 or (718) 981-3226
Fax: (718) 816-4416
Email: mandolin@mandoweb.com
Web site: www.mandoweb.com
Regular business hours: 10 a.m. to 6 p.m. ET Monday through Saturday
Their showroom is worth a visit: 11 rooms, nearly 1,000 instruments -- and you can try them all out.
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