News-Antique.com - Sep 19,2011 - Lambertville, NJ: Guitar sales are making beautiful music at Rago Auctions, where collections of both electric and acoustic guitars have taken off. Sales include an Arcangel Fernandez flamenco guitar for $13,640 and a Gibson Les Paul TV Special guitar from 1955 with original GA 6 amplifier for $12,200.
“We have been able to reach a broad and active market of potential buyers for our consignors,” said Tom Martin, Director of Estate Sales at Rago’s. “Guitars have proven to be good investments. Or great ones. I know the recession in 2008-2009, brought prices down. All I can say is that’s not what we are seeing.”
Whether signature Fender Stratocasters or Gibson or a Spanish maker like Fernandez, a good guitar on the market excites enthusiasts. It’s not just about nostalgia. More and more savvy buyers who want to play something that they love are buying vintage and antique instruments at auction. Top vintage guitars sell for six figures. Many more quality guitars sell for anywhere from $2,000 - $10,000 – and they play beautifully.
Rago’s is actively soliciting guitars (and other instruments) for its upcoming auctions. The December auction closes on October 3rd. Interested sellers should contact Tom Martin at tom@ragoarts.com or 609.397.9374
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About Rago Arts and Auction Center
Since 1994, Rago's has served thousands of sellers and buyers with a singular blend of global reach and personal service. Originally specialists in 20th century design, today Rago's expertise covers centuries of fine art, decorative arts, furnishings, jewelry and ethnographic property. It is a world-class venue through which to buy and sell. It is also a destination for those who seek to learn and share knowledge about art, antiques and collecting, offering free valuations for personal property (from a single piece to collections and estates), appraisals and auction exhibitions in house and online. Rago's, the largest and leading auction house in New Jersey, is located midway between Philadelphia and New York.
