These days a good, servicable guitar can be bought for under $1000 US whether you’re talking acoustic or electric, but let’s look at the high end.
Most Expensive Guitar is a signed Fender Standard Series Stratocaster. It is worth $2.8 million. It was sold at an auction in Doha, Qatar, to aid victims of the 2004 tsunami disaster. It was bought one year ago by Qatar’s royal family for a million dollars and donated back to the Asia Program, bringing in $2.7 million USD at the more recent auction, whose attendees included Former President Bill Clinton. Technically, the guitar has generated a total of $3.7 million USD.
Fender's Most Expensive Tsunami Strat
According to the Fender website, “The idea started when Fender Europe’s Jamie Crompton contacted Bryan Adams to see how people from the music industry could reach out to help the victims of such a devastating natural disaster. Bryan got his phone book out and rang nineteen of rock’s most treasured artists to sign a Standard Series Fender Stratocaster guitar, donated by Jamie and Fender Europe.”
Signees of this expensive electric guitar included Mick Jagger, Keith Richards, Eric Clapton, Brian May, Jimmy Page, David Gilmour, Jeff Beck, Pete Townsend, Mark Knopfler, Ray Davis, Liam Gallagher, Ronnie Wood, Tony Iommi, Angus & Malcolm Young, Paul McCartney, Sting, Ritchie Blackmore, Def Leppard, and Bryan Adams, the coordinator of the project.
If we talk about regular guitars, there are some factors that Influences its cost.
Production Company: If a famous company like Gibson or Martin made the guitar, it will be worth more.
Famous Owner: If a guitar is played by someone famous, particularly if it appears in a famous photo of the player in question, will become more desirable and therefore more expensive. Even if it’s a terrible guitar.
Historical Impact: There are some iconic single guitars like Les Paul’s prototype solid body, the first Fender Broadcaster, an early Fender Precision bass, the original Rickenbacker Frying Pan model lap steel guitar.
Manufacturing Process: Some companies make extra special production model guitars in which an extraordinary amount of care and artistry goes into the handmade production. The resultant guitar is going to be a very good guitar that’s worth a lot of money. A current example is the PRS Dragon series. A combination of immaculate decorate, fine and expensive materials, exquisite hand working and limited production numbers gives rise to prices up around the $70,000 US mark.
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