This guitar costs $15,000

Machete
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This guitar costs $15,000

Post by Machete » Tue Nov 27, 2018 1:15 am

The first time I watched this video I was in awe at her technique and obvious talent, but I wanted to find out what guitar she was using. I emailed the company who made the video. The guitar is made by Jim Redgate, some Australian luthier, and it costs around $15,000. How can this be so expensive? That's the cost of a car.

Where is the price really coming from? There is no way in hell that whatever materials the guitar is made of amounts to 15k. I refuse to believe it, especially when most of a classical guitar is made of wood and other non luxurious materials, which can be found in watches, bags, etc. Where is this price coming from? I was expecting this guitar to be $7000 at the most.

The guitar sounds really good, but does it sounds $15,000 better than a $2000-3000 guitar? Obviously not. It's hand made but so are many other guitars below the $5000 range.

Apparently this so called "jim redgate" is considered one of the best luthiers in the world?


riffmeister
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Re: This guitar costs $15,000

Post by riffmeister » Tue Nov 27, 2018 1:18 am

There are lots of expensive classical guitars.

soltirefa
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Re: This guitar costs $15,000

Post by soltirefa » Tue Nov 27, 2018 1:26 am

riffmeister wrote:
Tue Nov 27, 2018 1:18 am
There are lots of expensive classical guitars.
There's some dude selling a semi-expensive one in the guitars for sale section here. :D

soltirefa
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Re: This guitar costs $15,000

Post by soltirefa » Tue Nov 27, 2018 1:36 am

Obviously not on the same level as what you're talking about, but today I got out my Takamine C132S that I bought back in 1996 for $450. I am amazed how good that guitar sounds. It's just about as good as some $5K guitars.

Machete
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Re: This guitar costs $15,000

Post by Machete » Tue Nov 27, 2018 1:42 am

I know there are many expensive classical guitars, but in most cases, they are not worth the price they are asking for them. $15,000 for a classical guitar which is made of wood and nothing really special or exorbitant expensive materials, such as diamonds and other rare expensive materials found in watches, bags, etc, is ridiculous.

I doubt this guitar costed more than $5000 to manufacture. Its huge profit for the luthier and whoever is selling them. You're mainly paying for the "exclusivity" of having an item that very few have. In other words, the luthier or manufacturer build their name up so much, that their instruments are overhyped and people who are willing to pay these prices, especially famous musicians, increase the "value" of the guitar.

So the original price was probably not $15.000 but now that is owned and used by a famous musician such as Ana Vidovic, they can get away with charging that much

I refuse to believe this guitar is 15k worth of materials

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petermc61
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Re: This guitar costs $15,000

Post by petermc61 » Tue Nov 27, 2018 1:54 am

I am wondering - do you get paid for your labour?

Are you self employed? Have you ever started a business and taken all the risk that entails?

To reduce the value of an artisan guitar to the material cost is frankly bizarre.

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Steve Ganz
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Re: This guitar costs $15,000

Post by Steve Ganz » Tue Nov 27, 2018 2:11 am

I'm not saying this is worth 15000, less, or more.
However, just because a guitar is not worth a certain amount to Machete does not mean the guitar is not worth 15000 on the market.
Ana V's choice of this builder was her choice. When a player like her makes a choice like that, the market listens.
I personally would not pay 15000 for that guitar. But that does not mean it's not worth it in the market.
And as Petermc61 notes, there are costs and risks in making great guitars.
As far as comparing the cost to cars... cars are utilitarian. If you are a concert artist, your guitar
is not a thing to get you from point a to point b. It is probably much more important than that.
Steve

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Tim522
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Re: This guitar costs $15,000

Post by Tim522 » Tue Nov 27, 2018 2:16 am

petermc61 wrote:
Tue Nov 27, 2018 1:54 am
I am wondering - do you get paid for your labour?

Are you self employed? Have you ever started a business and taken all the risk that entails?

To reduce the value of an artisan guitar to the material cost is frankly bizarre.
Agreed! I work for my self in a market as niche as classical guitar making and I nor any artisan that I know are rolling in money!

soltirefa
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Re: This guitar costs $15,000

Post by soltirefa » Tue Nov 27, 2018 2:30 am

Tim522 wrote:
Tue Nov 27, 2018 2:16 am
petermc61 wrote:
Tue Nov 27, 2018 1:54 am
I am wondering - do you get paid for your labour?

Are you self employed? Have you ever started a business and taken all the risk that entails?

To reduce the value of an artisan guitar to the material cost is frankly bizarre.
Agreed! I work for my self in a market as niche as classical guitar making and I nor any artisan that I know are rolling in money!
There's also the matter of people's willingness to pay $15,000 for the guitars. The luthier would be a fool to sell his product for less than what people are willing to pay.

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Kent
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Re: This guitar costs $15,000

Post by Kent » Tue Nov 27, 2018 2:40 am

"Everything is worth what its purchaser will pay for it".
Syrus

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David Norton
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Re: This guitar costs $15,000

Post by David Norton » Tue Nov 27, 2018 2:44 am

Machete wrote:
Tue Nov 27, 2018 1:42 am
You're mainly paying for the "exclusivity" of having an item that very few have. In other words, the luthier or manufacturer build their name up so much, that their instruments are overhyped and people who are willing to pay these prices, especially famous musicians, increase the "value" of the guitar.
Ding-ding-ding!!! Correct answer. Supply and demand, exclusivity, and good old bragging rights of ownership. A clear bit of faceted rock goes for a huge price per carat, wholly disproportionate to its physical size. Ana Vidovic can command high dollar concert fees, and get them, by playing repertoire which was well-trodden 40 years ago and which can technically be played on any given evening by a large number of University undergrads, and played with equal facility. But there's only one Ana Vidovic, so again: it's a matter of supply (1 Ana) and demand (100s or 1000s of venues).
David Norton
Salt Lake City, UT
First person to complete the Delcamp "Let's Learn Sor's Opus 60" project

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bacsidoan
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Re: This guitar costs $15,000

Post by bacsidoan » Tue Nov 27, 2018 2:53 am

petermc61 wrote:
Tue Nov 27, 2018 1:54 am
I am wondering - do you get paid for your labour?

Are you self employed? Have you ever started a business and taken all the risk that entails?

To reduce the value of an artisan guitar to the material cost is frankly bizarre.
More than just bizarre. It trivializes the value of artistic, human contribution of the artisans who dedicate their lives to hone their skill. Don't they deserve as much compensation as the market is willing to pay?
Last edited by bacsidoan on Tue Nov 27, 2018 3:22 am, edited 1 time in total.

astro64
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Re: This guitar costs $15,000

Post by astro64 » Tue Nov 27, 2018 3:00 am

There are other guitars out there that go for similar or higher prices, and it is not always only because famous guitarists use them. There is something that warrants the price, whether real or perceived, if enough people seem willing to pay it. That is all there is to it. No one forces you to buy one.

jscott
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Re: This guitar costs $15,000

Post by jscott » Tue Nov 27, 2018 3:05 am

nm
location: Berkeley Ca.
Paul Weaver spruce modeled on a Hauser
Takamine C132S 1983 cedar

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Steve Ganz
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Re: This guitar costs $15,000

Post by Steve Ganz » Tue Nov 27, 2018 3:30 am

Machete,
I think I should help you. I read your introduction and first few posts and see that you are new to the forum, and to playing classical, and your guitars are sort of beginner guitars.
There is no shame in any of that. And your initial disbelief that guitars could cost so much is understandable from youir perspective. I think that there have been a few excellent responses to your initial post. I also think that when you say something is not worth X, it should be clarified, that it is not worth X to you. That way no person or their work is being put down.
Steve

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