…..The original Fenders do look cool, especially the ones that have that "bullet" truss rod nut on the headstock.
So, tell me... other than an instrument owned by a famous person as a collector's item, what is the deal with vintage instruments? All sizzle and no steak, prices fueled by some sort of demand?
Pricing is due to Supply and Demand.
Why is the Demand high for vintage instruments? For the past 50 years or so “vintage” instruments have been sought by BOTH players and collectors. The collector part of that demand has been high going back to the mid-80’s.
This can certainly be frustrating for players. The good news for players is that the player makes the instrument, not the other way around. The key aspect for a player is NOT TO GET CONFUSED between player value and collector value.
For bass guitars, the collector influenced market has been almost solely focused on Fender basses. Put another way, if one decided to spend excess money on a bass guitar for collecting purposes, the most reliable bet would be a Fender.
But, Fender continues to produce eminently great bass guitars at current pricing levels; and the used market has real values. You just have to play a bunch of them, know what to look for in terms of issues, and be ok with making a mistake or two.
Blaming this on “Boomers” is putting the cart in front of the horse, and kind of pathetic. Many of these instruments go to international collectors. The collector demand will soften when we no longer perform live music, which may well happen as the result of trends ongoing.
My grandmother had a “listed” Heppelwhite dining Room table, which my parents inherited. Thanksgiving meals used to include conversations about the immense value of this object, and who would get it after my parents were gone. Sad, really. Later, as trustee for my father’s estate, none of my sibs had the slightest interest in the table, and the largest auction house in Detroit finally sold it at auction for $700. They explained to me that “brown furniture” was no longer in demand.
I do own a vintage Fender. It’s a ‘62 Jazz Bass that I found in the local newspaper for $275 in 1987. We didn’t have much money at the time, and even that was a stretch. Still it seemed to have just a bit more ….resonance(?), mojo(?); IDK. $450 to reinstall frets, paint the body, replace a stripped truss nut, and it’s a pretty serviceable gigger.