Manipulation of scarcity, marketing of intangibles.
The sizzle, not the steak...and the steak is just meat.
No, it's not.
It never will be.
It is if you want it want to be.
Look, I've run the mojo con much as anyone in my working life, but I've never been dumb enough to personally fall for it.
This is fair game, some people like vintage and some people don't. I do, you don't. End of story.
Does it have an added value for being associated with some musician or other? Sure, but that's entirely in the heads of the credulous people who buy into gear as fetish or totem and the marketers who manipulate those people and the historic market. It's also volatile and unpredictable. I've seen incredibly historic gear go for near nothing (such as the Howlin' Wolf house '52 Precision, gigged by virtually every great -- and unknown -- bassist in the long history of Chicago Blues...went for about two grand at auction). Markets are fickle.
Hehe you said fetish.... And I guess whatever floats your boat.
I simply dispute that such a level exists except as an imaginary figment and marketing construct.
I also think that unless it's your job to manipulate and profit by that illusion, in which case you're merely cynical, it's unhealthy and...I don't know...idolatrous, I guess...to get emotionally invested in mere gear. In a generally loveless and effed-up world it's sick to pour emotion into inanimate product.