Gold Supporting Member
This proud Gen Xer has no time for CBS/Norlin guitars. At all. I think they went up because people want to say they have “vintage” guitars.Late 60s 335s have been one of the biggest growth areas in vintage guitars over the last ten years though - they've more than doubled where early 60s have stayed pretty much where they were. I think there's a real push back against the old 'too narrow to be playable' narrative that kept them depressed when the boomers were driving the market. I'm not sure they'll continue to go up, unless the overall 335 market does, but they've certainly had a bit of a re-evaluation.
Again though, 70s production guitars have increased in value dramatically over the last ten years and it's primarily Xrs rather than boomers driving the market for them, so it's unlikely a mass boomer sell off - if it comes - is going to depress 70s Gibson and Fender prices by a huge margin. Mediocre is subjective - a lot of us that like 70s guitars got into them when we were teenagers in the 90s because they were dirt cheap because the generation above us seemed to hate them so much, so we bought them, cut our teeth on them and now look back fondly on them.
I learned to play on Japanese LP copies and strats, until I finally got enough to get a (omg) American Standard Tele. I look fondly upon modern reissues that are much better music making tools for me.