GUEST: I've got two Fender guitars.

One's a Jaguar, one's a Stratocaster.

They belonged to my father.

APPRAISER: Mm.

GUEST: He started a band.

APPRAISER: Right.

GUEST: With some friends.

He got tired of them being unreliable, so he decided to teach all of us kids an instrument.

APPRAISER: Oh, wow, so he made a family band...

GUEST: He made a family band.

APPRAISER: ...out of, out of you all.

GUEST: Yes.

(laughs) And so he started out playing this guitar, the Stratocaster.

GUEST: And then decided to retire it and bought this Jaguar.

He sang, as well, with the guitar.

APPRAISER: Okay.

GUEST: And then after, um, he passed away, then I learned to play the guitar, and so this became my guitar, so... APPRAISER: Now, were you from Boise area, or...

GUEST: No, we're from a little town called Almo.

He probably bought 'em in...

I don't know, Burley is the closest town.

APPRAISER: Burley?

GUEST: Burley, Idaho.

APPRAISER: We have the '64, 1964 Fender Stratocaster.

It's all original.

This one's in pretty good shape.

It has some nicks and dings, but it actually will clean up very well.

And it's overall... (inhales): It doesn't show much play.

The Stratocaster was made starting in 1954.

So this is actually ten years into the life of this guitar model by Fender.

APPRAISER: The white case for, is for this particular guitar, because of the year: '64 is the only year they actually did this, which is actually... Late '63 model year to end of '64 is the only year you'll see these white cases.

GUEST: The white cases.

APPRAISER: The Jaguar came out in 1962.

This one's its, this one's in 1965.

All original, as well.

This has the transition logo, 'cause this was actually made after Fender was sold in '65.

Leo Fender sold the company to CBS.

GUEST: Okay.

APPRAISER: And that's considered some sort of a benchmark, as far as quality.

Most people want pre-CBS guitars.

I'm guessing, is... That's him?

"C.W."?

GUEST: His initials, uh-huh.

APPRAISER: Or it was "country western."

GUEST: (laughs) It could stand for both.

APPRAISER: Whatever...

Right?

Both of these are, I would call, on a scale of one to ten, probably seven-and-a-half, 75% condition.

GUEST: Okay.

APPRAISER: They're good, but, you know, they have some...

GUEST: Some wear.

APPRAISER: They have some love.

GUEST: (chuckling): There you go.

APPRAISER: I'd rather call it love than, like, wear.

GUEST: There you go.

APPRAISER: Both of these guitars are well-respected.

In fact, this guitar, particularly this style, the Jaguar, and there's another model, called the Jazzmaster, that have, both have the same body shape, have become very trendy in the last few years.

They're popular with millennials and, and hipsters.

GUEST: Oh.

APPRAISER: A lot of the newer bands like this style guitar.

This is the iconic Stratocaster.

GUEST: Yeah.

APPRAISER: Some of the greatest players all use these.

And this, at the time, when Fender came out with this guitar, this was the top of the line.

There was, that was the most expensive guitar they had, was the Jaguar.

So your dad went full out...

GUEST: He went full.

(chuckles) APPRAISER: ...when he bought this.

GUEST: Uh-huh.

APPRAISER: These guitars...

It was probably around $400 new, I guess.

GUEST: In that time period.

APPRAISER: In that time period, '65 or so, which is a lot of money then.

GUEST: Right.

APPRAISER: This guitar now, retail, even with the initials C.W., these are in the $5,000 to $7,000 range.

GUEST: Okay.

APPRAISER: Stratocaster, new, this guitar was right at $300.

This guitar is in the $20,000 range.

GUEST: Oh, really?

APPRAISER: Yeah.

GUEST: Wow.

APPRAISER: So, this is...

GUEST: Wow, yeah.

APPRAISER: This is your big boy.

GUEST: We, we figured that as much, but... APPRAISER: Oh, did you?

GUEST: I mean, that it was... APPRAISER: It was more expensive?

GUEST: More expensive.

APPRAISER: Yeah.