How do you determine the blue book value of a guitar?


Quick Answer

To determine the blue book value of a guitar, you have to accurately and properly identify the guitar, establish that it's in good condition, and look the guitar up on a guitar valuation website; these include Blue Book of Guitar Values, online stores such as eBay or online pay services such as Blue Book Publications. You might also want to try out free guitar valuation resources such as Prepal, Elderly Instruments, Plucked Out and Just Answer.

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Full Answer

The condition of a guitar is paramount to its value. A mint condition guitar with its original wood, finish, parts and case can fetch a premium price. As the condition goes down, so does the value. Any repair or modification done to the guitar can reduce its value, even those performed by a luthier.

A vintage guitar typically fetches a greater price than a newer one; however, there are exceptions for specific models. Consulting online guitar blue books and checking similar models sold by other sellers can help you establish a realistic price for your guitar.

If the guitar is rare and there's a demand for it, then you can potentially earn more than what online values dictate. There are many guitar collectors who are willing to pay more for guitars that complete their collections. Likewise, guitars owned by known players or those that have historical significance can command top prices.

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