1965 Fender Jaguar & 1964 Fender Stratocaster
GUEST: I've got two Fender guitars. One's a Jaguar, one's a Stratocaster. They belonged to my father.
APPRAISER: Mm.
GUEST: He started a band... with some friends.
APPRAISER: Right.
GUEST: He got tired of them being unreliable, so he decided to teach all of us kids an instrument.
APPRAISER: Oh, wow, so he made a family band...
GUEST: He made a family band.
APPRAISER: ...out of, out of you all.
GUEST: Yes. (laughs) And so he started out playing this guitar, the Stratocaster.
APPRAISER: Right.
GUEST: And then, decided to retire it and bought this Jaguar. And then after he passed away, then I learned to play the guitar, and so this became my guitar.
APPRAISER: We have the '64, 1964 Fender Stratocaster. It's all original. This one's in pretty good shape. It has some nicks and dings, but it actually will clean up very well. It's overall-- it doesn't show much play. The Stratocaster was made starting in 1954. So this is actually ten years into the life of this guitar model by Fender.
GUEST: Okay.
APPRAISER: The white case is for this particular guitar, because of the year: '64 is the only year they actually did this, which is actually late '63 model year to end of '64 is the only year you'll see these white cases.
GUEST: The white cases.
APPRAISER: The Jaguar came out in 1962. This was its, this one's in 1965. All original, as well. This has the transition logo, 'cause this was actually made after Fender was sold. In '65, Leo Fender sold the company to CBS. And that's considered some sort of a benchmark as far as quality. Most people want pre-CBS guitars. I'm guessing, is... That's him? "C.W."?
GUEST: His initials, uh-huh.
APPRAISER: Or it was "country western."
GUEST: (laughs) It could stand for both.
APPRAISER: One of the... Right? Both of these are, I would call, on a scale of one to ten, probably seven-and-a-half, 75% condition.
GUEST: Okay.
APPRAISER: They're good, but, you know, they have some...
GUEST: Some wear.
APPRAISER: They have some love.
GUEST: There you go. There you go.
APPRAISER: I'd rather call it love than, like, wear. This guitar, particularly this style, the Jaguar, and there's another model called the Jazz master that have, both have the same body shape, have become very trendy in the last few years. They're popular with millennials and, and hipsters. This is the iconic, the Stratocaster.
GUEST: Yeah.
APPRAISER: Some of the greatest players use these. And this, at the time, when Fender came out with this guitar, this was the top-of-the-line. There was, that was the most expensive guitar they had, was the Jaguar. So your dad went full out...
GUEST: He went full. (chuckles)
APPRAISER: ...when he bought this.
GUEST: Uh-huh.
APPRAISER: These guitars... It was probably around $400 new. In that time period.
GUEST: In that time period,
APPRAISER: '65 or so, which is a lot of money then. This guitar now, at retail, even with the initials C.W., these are in the $5,000 to $7,000 range.
GUEST: Okay.
APPRAISER: The Stratocaster, new, this guitar was right at $300. This guitar is in the $20,000 range.
GUEST: Oh, really?
APPRAISER: Yeah.
GUEST: Wow. Wow.
APPRAISER: So, this is... This is your big boy.
GUEST: Wow, yeah. We, we figured that as much, but...
APPRAISER: Oh, did you?
GUEST: I mean, that it was…
APPRAISER: It was more expensive?
GUEST: More expensive.
APPRAISER: Yeah.
$25,000 - $29,000 Retail
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Understanding Our Appraisals
Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW.
Value can change: The value of an item is dependent upon many things, including the condition of the object itself, trends in the market for that kind of object, and the location where the item will be sold. These are just some of the reasons why the answer to the question "What's it worth?" is so often "It depends."
Note the date: Take note of the date the appraisal was recorded. This information appears in the upper left corner of the page, with the label "Appraised On." Values change over time according to market forces, so the current value of the item could be higher, lower, or the same as when our expert first appraised it.
Context is key: Listen carefully. Most of our experts will give appraisal values in context. For example, you'll often hear them say what an item is worth "at auction," or "retail," or "for insurance purposes" (replacement value). Retail prices are different from wholesale prices. Often an auctioneer will talk about what she knows best: the auction market. A shop owner will usually talk about what he knows best: the retail price he'd place on the object in his shop. And though there are no hard and fast rules, an object's auction price can often be half its retail value; yet for other objects, an auction price could be higher than retail. As a rule, however, retail and insurance/replacement values are about the same.
Verbal approximations: The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." Technically, an "appraisal" is a legal document, generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. An appraisal usually involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object.
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