13 Musical Instruments That Could Increase in Value
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Many would consider musical instruments as tools of creativity and expression, but, as with anything else that holds monetary value, they can also be investments of gold. Some instruments not only grow in value over time, they can even encapsulate stories and traditions and craftsmanship that make them priceless.
Investing in musical instruments is an art and at the same time it allows you to create a financial potential around it. It could be a dusty attic find, or a carefully preserved heirloom, but these instruments could pay off more than you think.
Vintage Guitars
There’s nothing quite as charming as a vintage guitar. There are models from Fender, Gibson, and Martin from the mid 20th century that are very much in demand. Not only are these guitars a collector’s dream, they also have rock ‘n’ roll history. What made the key to their rising value? Their scarcity and fabled players like Eric Clapton and Jimmy Page who made what they played famous.
Rare Violins
The stuff of legends are violins crafted by guys like Stradivari or Guarneri del Gesù. Even lesser known makers of 19th century violins can soar in price. A Stradivarius violin, for example, can sell for millions but modern buyers also are in the market for perfect craftsmanship and tone. As the historical importance of even lesser gems grows, they can appreciate.
Classic Pianos
Particularly grand and baby grand Steinway & Sons pianos have continued to hold their value and in fact have increased with proper maintenance. The flood of modern digital pianos on the market can’t compare to the warmth and richness of an acoustic masterpiece, which collectors adore. For example, a well kept Steinway from the early 1900s can sell for tens of thousands todays thereby making it a harmonious investment.
Limited-edition Drum Kits
Drummers, take note: If you’re into Drums, limited edition kits from Ludwig, Gretsch or DW Drums are hot commodities. Just think of Ringo Starr’s Ludwig Oyster Black Pearl kit, which became iconic over night. Modern limited runs can even get higher prices in the future, when taken care of properly and being associated with a legendary drummer.
Handmade Harps
Sure, the harp may not be quite as mainstream as the guitar, but that doesn’t mean it isn’t valuable. Lyon & Healy and others build high quality, handmade harps that appreciate. Due to the craftsmanship involved, each piece is a work of art and the market for these beautiful instruments is steady among classical musicians.
Brass Trumpets
There are many vintage brass instrument, but trumpets in particular have many enthusiasts. A good mid 20th century Selmer or Bach Stradivarius trumpet can bring several thousand dollars. Their value lies in the fact that they are built with good quality, and the fact they are associated with famous musicians such as Louis Armstrong or Miles Davis.
Mandolins With History
Vintage Gibson or Collings mandolins very often increase in value over time. These are very popular instruments in bluegrass and folk music circles, and the older, better tone, and better conditioned they are, the more valuable they will become. In addition, they have a special appeal to collectors who like their simple design and the fact they are steeped in history.
Rare Saxophones
Saxophones are more than an instrument to jazz enthusiasts, they say: they’re an extension of the soul. For example, vintage Selmer Mark VI saxophones are a favorite with professionals and collectors. Due to their unmatched tone and playability, their price can run into thousands of dollars.
Banjos With Pedigree
While the sound of the banjo may conjure thoughts of country music or folk tunes from Appalachia, rare models — especially Gibson models before 1940 — can bring in thousands. These instruments have a solid foothold therein as they appeal as much to musicians as they do to collectors with their intricate inlays and ornate designs.
Antique Flutes
Antique flutes made by artisans in the 19th century won’t be the first instrument you think of when considering value, but they can be worth some pretty money. These instruments are prized both by professional players, and collectors, for their historical value and for unique tonal qualities.
Accordion Treasures
Vintage accordions of the sort made by Hohner or Excelsior, for example, are niche but can be expensive. While associated with folk music traditions, these are instruments prized for their craftsmanship and their rarity. The greatest models with detail and history of famous players are especially treasured by collectors.
Cellos With Character
There is a value to a high quality cello, like an Italian maker like Gagliano. The cello market is not quite as saturated as that of the violin, but professional musicians are still looking for instruments that produce warm, resonant tones and with historical pedigree.
Percussion Oddities
Vintage marimbas or vibraphones can even quietly increase in value, if they’re unusual percussion instruments. These are not your average drum set, these are specialized, rare and cherished by jazz and orchestral musicians around the world. Look out for well crafted models, they may be your hidden treasure.
Disclaimer: This list is solely the author’s opinion based on research and publicly available information.
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