I'm going to get on my soap box here. It's a little long, and not terribly interesting. So feel free to skip it. It's all just my opinion. I've never believed that any collectibles are good invetments (guitars, art, beanie babies, whatever). Instead, I characterize it as pure speculation. There is no inherent economic value to most collectibles. Sure, a few pieces may go way up in value for some reason, and some pieces may have historical value, which helps their market value. But in the end, they are just things. When someone buys a guitar strictly for investment purposes, he (or she, let's not be sexist here) is making a prediction that sometime in the future, there will be someone elst that will (for whatever reason) place a greater value on it and be able to pay that value. To me, to be an investment there needs to be some economic reason that income will be generated and/or the value will go up. When you invest in a business or a piece of a business (stock), you (hopefully) have good reason to believe that business will generate profits, pay dividends and go up in value (due to increases in profits). When you invest in a bond, you have good reason to beleive that you will get paid interest and get your money back at some point int he future. There is also an element of speculation in real investing, and it's easy to get caught up in it. But underneath it all there needs to be real economic value. This is a real long winded way to say that guitars are lousy investments. Yes, there are specific examples of guitars that have appreciated greatly, and it's easy to see looking backwards in time. But I guarantee you that for every example of a guitar that has wildly appreciated, I can find multiple examples of businesses and stocks that appreciated even more due to real economic growth. I bet I can also find multiple examples of guitars that depreciated greatly and are basically worthless. I would be willing to bet that if I could track the value of every guitar ever made from the point of purchase to now, that, on average, the value went down. But if you look at the value of every stock ever issued publically to now, on average, the value went up. I buy and "collect" guitars (if you can call 8-10 guitars a real collection) because I like them and like to play them. They are worth a lot to me personally, but not as an investment. As a possession, nothing more.