I have no opinion about the monetary value of vintage guitars, that’s just supply and demand doing it’s thing. To me the more interesting question is this: Are they good guitars? In a blind playing and listening test would an early 50s Tele consistently beat out anything coming out of the custom shop today? I would argue that no, they can’t be. How could the workers in the 1950s compete with the expertise of the modern builder? Even if some of Leo’s employees back then were experienced luthiers, they were building something that was brand new. And they didn’t have 70 years of combined experience to learn from. (and yeah some argue that the aging of the material is what makes them better, and if we’re talking acoustics then yeah maybe, but solid body electrics? I don’t buy it) I think the perception of vintage guitars being better is just nostalgia and romanticism skewing our opinions. And it’s people with the money to buy them wanting to further justify their purchase. Having said all that do I want one? Of course I do. But I’d want one because it’s such a cool piece of history, not because I’d expect it to be better than anything made today. Am I wrong?