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Do You Have A Valuable Guitar?

Posted on October 5th, 2016 by JoeG

Does your closet , basement or attic hold the key for riches for you? Do you have guitars and other items from a band from the ‘60’s and ’70’s that you were a member of or that your spouse or child played? When the time comes and you are ready to sell guitars in
Chicago it is important that you understand that Chicago Gold Gallery will evaluate and buy your guitar or guitar collection along with amplifiers and other musical effects.

Look around your home for that old guitar your spouse used to play that is somewhere collecting dust; ask your relatives where that old guitar is that they used to play in the high school band.Our on staff collector buyer with over 50 years of guitar collecting experience will determine the value when you sell guitars and guitar amplifiers and any effects that go with them.

The following factors are important factors that will determine the value of your guitar:


  • Condition: A mint-condition guitar that looks like it did the day it was purchased in the 1950’s, ’60’s or ’70’s. it would be flawless and devoid of any chips, scratches and be in the same original condition including the original case and parts , tags and paperwork associated with the purchase or from the factory or retailer and will earn you the most money. Any modifications or repairs to the guitar like added paint, removal of original parts, cracks, chips etc. reduce the value, but we can determine exactly how much depending on what was modified. Bring your guitar in and we will inspect it and will be able to see issues like if the neck warped or twisted, if the frets are worn? Are there separating glue joints or cracks in the top due to being left in extreme temperature conditions? Even if your guitar exhibits any of these issues it still can and will be worth a lot of money despite that so bring them in when you find them and ready to sell guitars in Chicago.
  • Rarity: Condition and rarity of a guitar often go hand-in-hand. Certain prized tonewoods such as Brazilian rosewood are no longer used to build guitars, and have an endangered status due to their scarcity and laws protecting the forests where they originate from. The same ecological reasons holds true for tortoiseshell, ebony, and ivory that was used in the construction of these older guitars. Their presence signifies a quality instrument and will greatly impact the value of your guitar to your benefit.
    Provenance & Memorabilia: Guitars that have been owned by notable players or those having other historic
    interest will bring in higher prices. If your guitar is notable memorabilia make sure to bring the provenance to the guitar buyer in Chicago at Chicago Gold Galley.
  • Age: Older guitars will generally command a greater value than a newer one, electric guitars made by Gibson, Fender, Gretsch, Rickenabacker ,Guild, in the “Golden Years” from the 1950’s up until the late 1960’s are the most valuable however, there
    are many model-specific exceptions. Chicago Gold Gallery’s guitar buyer has the most current market knowledge with years of experience of all models that will explain how certain eras of age affects the price of your guitar. Even the once lower price guitars from department stores and catalog stores like Sears and Montgomery Ward now have collectible value.


Selling Guitars Chicago
After looking around your home, reaching out to relatives and friends and finding that old guitar , bring your guitar to the experts at Chicago Gold Gallery for a free appraisal. Here at Chicago Gold Gallery we buy have been buying and selling guitars, banjos, mandolins, ukuleles and other musical instruments along with the amplifiers and effects since the mid-1960’s. We have the knowledge and experience to help you get the highest value when you sell your guitar because we are collectors ourselves. Call us today at (773) 338-7787 to learn more about selling guitars
in Chicago.

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Customer Testimonial

Had a Great Experience

"I drove all the way from the south side just to sell my silver to Chicago Gold Gallery because of the knowledge and professionalism I received on the phone. They gave me top dollar for my silver and were so fast and friendly. I definitely recommend this business!"

Date: 10/27/2017 • 5 / 5 stars ★★★★★

Can't say enough about this place.

This is the most welcoming, non-pretentious place to do business! I was researching where to sell sterling silver I had and ended up choosing here based on the other great reviews. They walked me through the whole process and answered my questions. I got a great price for my items & will go there again.

Date: 09/17/2018 • 5 / 5 stars ★★★★★

Love this place!

Chrissy & Joe are all super friendly and easy to work with. I trust them and they will do whatever they can to help you including giving you advice on what you have or what you should look for. I won't ever go anywhere else and I've recommended it to several friends.

Date: 08/02/2015 • 5 / 5 stars ★★★★★

I would do business with them again

I had a large collection of silver coins sitting in my safe deposit box for 15+ years. Chrissy was so friendly and helpful she even gave me advice about coins I didn't know. She was more than happy to help me for over an hour in between taking care of other customers. They really did give me top dollar for my coins. Whether you are new or a pro with coins, I can highly recommend you take them here!

Date: 02/22/2020 • 5 / 5 stars ★★★★★

Don't Hesitate to call...

I find that Joe at Chicago Gold Gallery consistently offers and pays more for my coins than coin dealers in Chicagoland. He's very nice and easy to deal with. Don't hesitate to call him and preferably visit him.

Date: 12/04/2015 • 5 / 5 stars ★★★★★

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1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email:

Hours: Mon-Sat: 9am-6pm

Especially Wanted

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  • Vintage & Modern Guitars