2010 has arrived and I am sure you like the rest of us is glad that 2009 is over. What a ride and a terrible one at that. Just when you thought it could not get worse it did and finally we can say goodbye to the mess that was 2009. There are some glimpses of hope I see for 2010 so lets keep our fingers crossed.

In the vintage guitar and vintage guitar parts world much was the same as the rest of the world gloom and doom with brief glimpses of hope. The vintage guitar market took the real hit and the good news was vintage guitar parts although down significantly still sold on a regular basis and pulled us through. It showed me that even in bad times one needs relief and if you cant buy a vintage guitar restore the one you had seems to be the message i got.Basically with limited funds people put their guitar back to stock rather than buying other more original ones. This solved their vintage guitar jones at a fraction of the price. The result is that parts sold people were happy and now their guitars are worth more a win win situation.

From a business stand point I would be lying to say we rocked and had a great year. The truth is we got by and thank God parts are selling but business was off. around November we got signs of a stronger recovery and it appears to be continuing and as of today sales are still good and we are also still able to buy great parts. I hope this year will be better for everyone.

The other good news for both is prices have come down on parts . This is great news  for the consumer and us as a buyer. We can sell for less because we are buying parts for less. Unlike the frenzy two years ago now seems to be a good time for everyone to buy vintage parts because the prices have settledand there is a good supply around. The fact that great parts are flowing out onto the market again is because people need money and they realized all those parts sitting in drawers are found money. I know from experience that people have been sending us literally photos of piles of parts they have and this has not happened in ages . People were holding on to them like stocks in the frenzy seeing crazy prices but realize now that now is as goodas anytime to sell. So I expect a great year for parts because of this fact.

Thanks again for all you support and help any questions please send me an e mail at THE PARTS DRAWER and i will answer all e mails within 48 hours

JIm Pasch

In these hard economic times anything helps . I just thought I would share a story that happened yesterday to us.  guy walks in our store and wants to sell us a guitar . It was a vintage danelectro and a Gibson sg from the 1960′s. While we were cutting him a check for the guitar he heard me talking to a guy on the telephone about vintage guitar parts and how we buy guitar in any state of condition and how we also buy and sell parts .

This got home thinking we bought guitars for $3000 and before he left he dais by the way i have a bunch of loose parts in the basement would you be interested and of course we said sure. 2 hours laster he comes back and I thought it was Christmas early. It seems like this guy tinkered with everything like most did in the 1960′s and early 1970′s when he opened up the box there were pre t top pickups , t top pickups abr-1 bridges kluson tuners and a slue of other parts.

Well i went crazy as usual and bought everything we bought $5800 of parts from him. That’s  amazing when you think about it that the parts were worth more than the guitar he brought in and he had actually last year thought about throwing them out !  needless to say he left here happier than me and that was a super day for us.

The moral of this story and to all out there what you think is junk is probably worth cash. you may not have a box full of stuff but simple things like pickups , bridges , tuners and bridge covers bring big money today. I know that there is still tons of parts out there in case pockets. drawers or boxes and that is all found money in this bad economy. Another interesting point is it is much better to sell the parts and keep the guitars. at least you can play the guitars.

These times are the baddest we have seen and every little bit helps be it $100 or $5000 . So look in those old cases and drawers and I will be willing to bet you have money sitting there you did not even know you had. If you have any questions on what a part might be worth just e mail me at THE PARTS DRAWER and send a few picks and i Will gladly tell you the market value for free.

Jim Pasch