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MusicRadar
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Entertainment
Jonathan Horsley

“I know what I’m holding at this stage in my life, that I could tank that market”: Joe Bonamassa says it is not scarcity but the perception of scarcity that drives up prices for vintage gear

Joe Bonamassa Reverb Fender Gibson Nerdville
Joe Bonamassa speaks to Reverb from his home in Nerdville, CA. He is a Fender Broadcaster.

We all know that the market for vintage guitar gear has been running hot for some time now. It is nigh-on impossible for new entrants to the market to find an affordable electric guitar from Fender or Gibson’s golden era, but Joe Bonamassa says it could get tougher, and it would only takes a couple of people to drive up the prices on any given model to the region of “crazy” money.

When it comes to the vintage holy grail of holy grails, a 1959 Gibson Les Paul Standard, Bonamassa says it is quite possible that someone with “unlimited money and unlimited ego” could spend more than a million dollars an a Burst. 

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