Alex Lifeson

I should add there are many factors in a guitar price.
Is it a sculpted, arch top or flat? Arch top will cost more.
Is it a nice flame top maple cap or a basic mahogany or ash etc body? The cap costs more to make.
Does it have binding? Binding costs more.
Etc.
Doesn't mean the quality is necessarily better but it does cost more.
Hah!
 
And then you hit the threshold were a really great guitar is not only a fantastic tool for making music but it is also a work of art. Think wood type, grain patterns, finish, binding, hardware and other bling.
Years ago in a local guitar store, I was checking out the Martins. Salesman came up and asked the obvious.... "You like Martin guitars? We just had a Martin Guitar weekend and still have some of the "special" ones in the backroom. Wanna play one?" Guy brought out this gorgeous Martin. I'm not sure it could have been blinged out any more than it was. So I played it a bit. Even in the 80s that guitar was a $10K guitar. And you know what? Sounded no better than the $1000 dollar one I'd been playing before.
 
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