Archive for January, 2017

Rosewood Ban

Monday, January 30th, 2017
It used to be that only Brazilian rosewood required a CITES permit. Now, it's all rosewood.

It used to be that only Brazilian rosewood required a CITES permit. Now, it’s all rosewood.

I’m a big environmentalist and I understand fully the actions taken by governments to protect endangered species. Protecting elephants by making trafficking in ivory illegal is laudable and necessary. Prohibiting the cutting of dalbergia nigra trees is important as well. So is acknowledging and acting on climate change. The problem is not in the acknowledgement of the crises. The problem is in the methodology undertaken by governments to address these crises.

It doesn’t save any elephants to strip the ivory off an antique piano. I wrote a post about this a few years ago when a client told the story of her antique French Erard piano being refused entry into the USA. Find that post here. The government approach to preserving Brazilian rosewood has been flawed and unwieldy but made some sense. It took too long (up to 90 days) to get certification and was fairly expensive ($100 per guitar). But the exemption of pre ban guitars (1992 and earlier) was reasonable. All you had to do was prove the guitar was made before that date. All of this was a pain in the ass but conservation of endangered species is important. I don’t know what the countries where Dalbergia Nigra grows have been doing to keep poachers from illegally cutting the trees that remain. Once the wood is cut, all the regulations in the world won’t bring back that tree. You have to keep it from being cut. This is where the time, money and effort should be going. I hope the government is taking the money collected for certification is spending it to keep the remaining trees from being poached. But the game has changed.

CITES has banned ALL rosewood. You can thank the Chinese for this since the bulk of the rosewood being cut is going to China as furniture. Apparently, the supply of Indian rosewood and a few other species has been affected in a detrimental way  (Vietnam was cited as a prime example). There is still, apparently, plenty of Indian rosewood left but trying to fix the problem before it becomes a crisis is good management . There was, however, another reason for doing this as I understand it. The Customs officials couldn’t tell Brazilian rosewood from Indian rosewood, so the solution was to ban it all. It’s a little like saying that since your doctor doesn’t know your spleen from your appendix, he should just remove both of them. You didn’t need them anyway. That adds a ton of paperwork and a not insignificant amount of dollars to the cost of all guitars-not just vintage ones. I don’t know all the details yet but if the wheels of the bureaucracy turn as slowly as they have in the past, you aren’t going to get your guitar anytime soon. And you’ll end up paying an additional fee for the certification. Once the guitar is certified, it’s certified so when you go to sell it, you will have the correct documentation in hand.

Note that this only affects international shipments. All types of rosewood can still be shipped domestically. I’m taking a wait and see approach to the new rules. I don’t ship many pre ’92 guitars anyway, the changes probably won’t affect me much. Also, the fact that they weren’t all that diligent in seeking out rosewood made it pretty manageable. I only had two guitars stopped by Customs for “illegal” woods. In both cases, they were wrong but it did hold up my shipment. Mostly, it seemed that they didn’t pay much attention-certification or not. That is likely to change. Without the proper certification, Customs can take your 59 ES-335 and confiscate it. You have no recourse. So, if you’re a big exporter, get your “Master File” in order. If not, be ready to wait 60-90 days to get your guitar certified


A Day Late (and more than a dollar short)

Tuesday, January 17th, 2017
This near mint 61 sold for $25K. If it was a 60, it would have sold for at least $30, if not $32K. It's 100% identical to a late 60 and that's something worth knowing.

This near mint 61 sold for $25K. If it was a 60, it would have sold for at least $30, if not $32K.
It’s 100% identical to a late 60 and that’s something worth knowing.

Guitars are not automobiles. Buyers seem to forget that sometimes and that can cost you. Let me elucidate. Cars have always had what we all call “model years”. I remember when I was a kid, my Dad would take us around-usually in the Fall around Halloween-to all the local car dealers to see the “new models”. Back in the late 50’s and through the 60’s and well into the 70’s, cars got a fairly extensive redesign every year or two. Go look. A 55 T-bird looks a lot like a 56 but a 57 is different and a 58 is even more different. A 59 looks a lot like a 58 as does a 60 but a 61 is totally different again. Cadillacs from the era are another good example. Look how the fins grow to humongous from 55 to 59 and shrink back through the 60’s. It was good marketing but it was expensive. Unlike the guitars of the era, cars are a big ticket item costing thousands. A few hundred dollars got you a 335, so complete retooling every couple of years didn’t make much sense. But, and I’m as guilty as you are, guitar players and collectors alike treat guitars as if they had “model years” as well and, at least during the period from the 50’s through the 60’s, they simply didn’t.

There were plenty of changes but nearly all of them occurred during a given year-not on some predetermined date that would designate these guitars as “59” or “60” or whatever. We can accurately (more or less) date the guitars we so desire but the fact that a particular guitar from a particular year is worth x dollars and a guitar from the following year is worth y dollars is a big flaw in our system of valuation. Year dating is very convenient but what I would call feature dating is more accurate. I recently sold a really clear example of this phenomenon.

A near mint, no issue mid to late 1960 ES-335 stop tail is a $30,000 guitar plus or minus a few grand depending on how close to mint it is and some squishy stuff like tone and playability. So, why is a 61 so much less? It isn’t like they changed anything on January 1. Gibson didn’t make changes that way. They made changes when changes were needed or wanted and they often phased them in over weeks or even months. It is actually extremely rare for a change to have been made at year end. So, back to the 61. I had a near mint 61 from early January. Nice neck-wide but sort of flat, just like a 60. It had a white switch tip-just like a late 60. It also had a long guard-I thought that added considerable value to this particular 61 because the short guard is one of the reasons folks don’t pay big bucks for a 61. Interestingly, there are late 60 335’s with short guards and early 61’s with long guards. That transition thing I mentioned. It isn’t all that logical, but there it is. The 61 sold for $25000 which, I think, was a $5000-$7000 savings over a guitar that was made a few weeks earlier with all the same features. The buyer was smart. He looked at a 60 that was priced much higher and chose the 61.

This phenomenon exists on a few other instances-more dramatically with 335’s than 345’s or 355’s. An interesting one is the difference between a late 59 and an early 60 dot neck. There is no difference. None. zip. They are absolutely identical except for the price. A mint late 59 will cost you close to $45K. A mint early 60? Maybe $38K on a good day. So, a day late for that 60 will be more than a dollar short. It will be more like $7000 short. But the guitar community reveres 59 Gibsons. Again, I don’t make the rules.

A late 58 will save you a few thousand over an early 59-not as much as the 60-61 or 59 to 60 but enough. Similarly,  a very early 65 is exactly the same as a late 64. It still has the stop tail at least through January and into February, so there are more than a few. A stop tail 64 is approaching $20,000 if a good clean, no issue example. The same with a 65 serial number will be at least $5000 less. 66 to 67 isn’t very dramatic, nor is 67 to 68. After that it starts getting tricky due to the major design changes that occurred when the nice folks at the Norlin Corp (beer, cement) took the wheel and drove Gibson into a sink hole. Just like an automobile.

This completely stunning early 60 sold for $32000. If this was a late 59, it would have been at least $40K. Maybe more. If you picked it up, it would feel and look just like a late 59 because it is the same in every way.

This completely stunning early 60 sold for $32000. If this was a late 59, it would have been at least $40K. Maybe more. If you picked it up, it would feel and look just like a late 59 because it is the same in every way.

Sometimes It’s Just Firewood

Wednesday, January 11th, 2017
Is this going to be Fender necks? Maybe Les Paul tops? Or is it going to heat my house?

Is this going to be Fender necks? Maybe Les Paul tops? Or is it going to heat my house?

The Les Paul guys all go nuts over their beautiful flame maple tops. “Mine’s AAAAA.” Oh, yeah? Mine’s AAAAAA. I don’t know what any of that means but sometimes you have to wonder about all the fuss about figured maple. It’s pretty wood-no doubt about that and it makes a real attractive top for a Les Paul. It’s not terribly common on ES models and those that have it get a lot of attention but really don’t command much of a premium, if any, on the open market. Figuring doesn’t improve tone but there’s more to wood than its tonal qualities. I like figured wood a lot but it’s really hard to split.

Yes, that’s firewood in the photo. I get my wood from a local landscaper and I always ask for maple (because it smells nice and burns well). And I always find a few logs of figured maple. It really isn’t that uncommon up here in New England. In fact, I can’t recall a year when I didn’t get any in my usual cord or two of firewood. There are a few points to be made here. One, wood is just wood. What talented folks can do with it separates a Les Paul top from that stack of firewood. I’m told that the figuring in maple is the result of some kind of stress on the tree-like a virus. I’ve also been told it has nothing to do with that. I read a good article about it written by collector Mike Slubowski who runs the Les Paul Forum. Here’s a link. Read it. You’ll learn something. The next point is that when used in a guitar, it is ornamental. How important that is has to do with how you see your guitar. Is it a work of art? A thing of beauty? A tool of your trade?

That’s one of the very cool things about guitars. They are all of those things. Or none. They can be monumentally ugly (reverse flying vee) or stunningly beautiful (too many to list). A beautiful guitar can play like crap. An ugly guitar can play brilliantly. There is no doubt that beautifully figured wood is a large part of what makes a guitar a work of art. Figured maple, koa, macassar ebony, bubinga, cocobolo and a zillion other species make for stunning guitars.

It also makes a pretty good fire. Stay warm.

Flamey ES's can be pretty stunning and the equal of any Les Paul. This 59 ES-345 was actually a refinished sunburst.

Flamey ES’s can be pretty stunning and the equal of any Les Paul. This 59 ES-345 was actually a refinished sunburst. I don’t think it will burn that well though.