Among the brands of collectible guitars on the market Fender stand out as a true American icon. Think of surf music and The Beach Boys and you’re got the quintessential Fender sound.
Fender Musical Instruments Company was founded in Fullerton, Calif., in 1946, and in 1951, Leo Fender, an electronics technician and the company’s founder, introduced the prototype solid-body instrument that would eventually be called the Telecaster® guitar. The Tele®, as it was often called then (and still is), became the standard for the first mass-produced, Spanish electric guitars in the world. Soon thereafter, Fender introduced others, including the Nocaster, the Broadcaster, the Esquire, and the Stratocaster. Although each guitar was unique, they shared similar qualities, namely the way the guitar neck is attached to the body – the “bolt-on” neck on electric guitars was born (Source: http://www2.fender.com/features/about/).
Today, Fender guitars are associated with modern music and rock ‘n’ roll, although they have been used to produce music in other genres, too. Fenders are very collectible and popular. Pawngo, the first online pawn shop in the U.S., accepts Fender guitars for asset-based lending and they can be used to secure personal collateral loans with us. (Other guitar brands that we accept include Gibson, Taylor, Martin, and Gretsch.)
What Makes Vintage and Collectible Guitars Valuable?
Vintage or collectible guitars are often appealing because of the sound quality of the instruments. The condition of the guitar also affects its value. Cracks, repairs and refinishing can take away value from the original instruments. Popular brands also hold value because of their notoriety and sometimes
they are associated with musicians who have owned particular guitars, makes, and models. (Think of the Fender guitars you can find on display at Hard Rock Café restaurant locations or in museums.)
How Collateral Loans Work at Pawngo
Pawngo can help you get a short-term loan against your high-end musical instrument. Getting started is as easy as filling out an online application with us and providing us with details about your Fender guitar, including any original paperwork you have to establish the guitar’s legitimacy and provenance. (This also makes the lives of our evaluators much easier.) We then get back to you with a collateral loan offer. Once you’re reviewed the offer and if you accept it, we provide you with a prepaid FedEx label to ship the guitar to us and you can get your funding within 24 hours after acceptance of the offer. Your guitar is kept safe with Pawngo and insured and stored during the loan process. Once you pay off your collateral loan, the item is shipped back to you. To learn more about online pawn loans or Pawngo visit https://pawngo.com/ or call 1-866-499-2363.