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A. Martin & C.F. Martin Guitars

Value (2019) | $22,500 Auction – $27,500 Auction
Watch  

APPRAISER:
You've brought us two guitars here today, and I can see right away that they were made about a hundred years apart-- one circa 1850 and one in 1946.

GUEST:
The old one I bought here in Memphis, and I paid $35 for it.

APPRAISER:
And what's the story with the new guitar?

GUEST:
Well, a friend of mine had hocked it, and he couldn't get it out of hock, so I gave him ten dollars for his pawn ticket, and he had hocked it for $25.

APPRAISER:
$25.

GUEST:
Yeah.

APPRAISER:
Plus the ten dollars, means you got about $35 into it.

GUEST:
Right.

APPRAISER:
One thing that strikes me about these two are the similarities in their construction, even though they look very different. The evolution of guitar-making started with this, in the 1850s in Europe, to this, which is really representative of the highest point of American guitar-making, which was around the Second World War. This one has a much more European design. Based on classical styles, it's smaller, and we call it a parlor guitar. These guitars had a very sweet sound. This one is in a very pure state of preservation. There hasn't been really anything put on it that wasn't original. It has a very patinated surface with all of these scratches and wear marks. You don't want to clean this, you don't want to polish it, and you never want to refinish it. And here we see a beautiful antique inlay around the sound hole. We see an ebony fingerboard and the old design of peg head, which was a slotted peg head and they would ebonize it. In other words, they would paint it black. A hundred years later, this is the Martin Company of Nazareth, Pennsylvania. This is a 1946 model D-28, and this happens to be one of the most sought-after guitars in the world by country artists, rock artists, everybody who wants a big, booming sound. And the similarities with this one are the inlay around the sound holes. When we look at the flip side of the guitar... we see all of those wonderful belt buckle scratches.

GUEST:
(laughs)

APPRAISER:
You don't want to do anything to that, leave it how it is, and the zipper inlay in the middle.

GUEST:
Yeah.

APPRAISER:
Another similarity-- they're both stamped in the center strip. In this one, you can see a stamp that says, "A. Martin." When we look into this one, we see the same type of traditional center stamp with a "C.F. Martin." A. Martin-- we don't know who it is, but it could have been a, a guitar maker in Saxony, Germany, about 1850 or 1840. This one, as is, worth about $1,000.

GUEST:
Oh?

APPRAISER:
To play it, you'd probably want to put in about $1,000 or so, and it would be worth $2,000.

GUEST:
Yeah.

APPRAISER:
The parlor guitars are not as collectible as the big Martins. You've got $35 into this?

GUEST:
Right.

APPRAISER:
It's worth about $12,000 to $15,000 now.

GUEST:
Mmm.

APPRAISER:
Not a bad investment.

Support provided by: Learn more

Appraisal Details

Appraiser
David Bonsey
Musical Instruments
New York Violin Consulting, Inc.
New York, NY
Update (2019)
$22,500 Auction – $27,500 Auction
Appraised value (2004)
$13,000 Auction – $16,000 Auction
Featured In
Memphis, Hour 2 (#0908)
Vintage Memphis (#2322)
Event
Memphis, TN (July 31, 2004)
Category
Musical Instruments
Period
19th Century , 20th Century
Form
Acoustic Guitar
Material
Wood

Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW.

Value can change: The value of an item is dependent upon many things, including the condition of the object itself, trends in the market for that kind of object, and the location where the item will be sold. These are just some of the reasons why the answer to the question "What's it worth?" is so often "It depends."

Note the date: Take note of the date the appraisal was recorded. This information appears in the upper left corner of the page, with the label "Appraised On." Values change over time according to market forces, so the current value of the item could be higher, lower, or the same as when our expert first appraised it.

Context is key: Listen carefully. Most of our experts will give appraisal values in context. For example, you'll often hear them say what an item is worth "at auction," or "retail," or "for insurance purposes" (replacement value). Retail prices are different from wholesale prices. Often an auctioneer will talk about what she knows best: the auction market. A shop owner will usually talk about what he knows best: the retail price he'd place on the object in his shop. And though there are no hard and fast rules, an object's auction price can often be half its retail value; yet for other objects, an auction price could be higher than retail. As a rule, however, retail and insurance/replacement values are about the same.

Verbal approximations: The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." Technically, an "appraisal" is a legal document, generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. An appraisal usually involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object.

Opinion of value: As with all appraisals, the verbal approximations of value given at ROADSHOW events are our experts' opinions formed from their knowledge of antiques and collectibles, market trends, and other factors. Although our valuations are based on research and experience, opinions can, and sometimes do, vary among experts.

Appraiser affiliations: Finally, the affiliation of the appraiser may have changed since the appraisal was recorded. To see current contact information for an appraiser in the ROADSHOW Archive, click on the link below the appraiser's picture. Our Appraiser Index also contains a complete list of active ROADSHOW appraisers and their contact details and biographies.

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