1954 Stratocaster (heavily) Used
The best way to tell how good an older guitar is is by looking at where it's worn. A 50 year old guitar in fine condition is lovely, but means its spent its life in a case.
One that's beaten up and has been eroded by its former owner? Means it's been used a lot. And the logic would follow that if the guitar has been used a lot it's because it's a great guitar.
Take this 1952 Stratocaster for example: the fretboard is worn from years of string bending, the pickguard is cracked (probably by over-tightening a screw during maintenance) and the finish has been worn from bodily contact. Someone liked this guitar a lot! At auction from Heritage, the strat could sell for $50,000.
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