'Pawn Stars' buy rare Les Paul guitar for $90,000 - then sell it for $110,000
The guys on the History Channel's Pawn Stars sure know how to make money from rare memorabilia - whether it's guns, gemstones or Les Paul guitars.
Like the vintage 1961 Gibson SG Les Paul Custom guitar pictured above. Used by Les Paul himself, it later belonged to Paul's ex-wife, Mary Ford.
As seen on the show, the Pawn Stars - who run the World Famous Gold & Silver Pawn Shop in Las Vegas - bought it for $90,000 from Mary Ford's nephew in 2011. After filming they put it up for auction on eBay, where it made $110,000.
Guitars are among the best alternative investments in the collectibles markets.
The more legendary the guitar, the better. And it doesn't get any more legendary than the guitar innovator Les Paul.
Born Lester William Polsfuss in Wisconsin in 1915, Les Paul is credited with many music recording innovations and was a pioneer of the solid bodied rock guitar, which made the sound of rock and roll possible.
It's why Les Paul's guitars are today highly coveted, especially those with provenance linked to the man himself. His personal 1954 Black Beauty auctioned for $335,500 in February 2015.
5 reasons to join the
- Curate you own content
- Showcase your collection
- Meet like minded collectors
- Earn loyalty points
- Free entry to great competitions