Fender Telecaster this famous rarity. In 1951, Fender released the innovative and musically influential Precision Bass as a similar looking stable-mate to the Telecaster. This body style was later released as the Fender Telecaster Bass in 1968 after the Precision Bass had been changed in 1957 to make it more closely resemble the Fender Stratocaster guitar. At the time Leo Fender began marketing the new, more refined Stratocaster in 1954, he expected it to replace the Telecaster, but the Telecaster's many virtues and unique musical personality have kept it in demand to the present day. Leo Fender's simple and modular design was
Vintage guitar quality of these guitars for both collectors and musicians. Examples of well-known vintage electric guitars are 1950s and 1960s era Fender Stratocaster and Telecaster and Gibson Les Paul. Although less well-known and not as financially valuable, older electric guitars under the names of Harmony, Danelectro or Kay are becoming increasingly collectible. Examples of well-known vintage acoustic guitars are Martin and Gibson models typically previous to the 1970s and 1930s era Recording Kings, among others. Values of vintage guitars have risen considerable in the past 30 years, and are considered by some as a stable investment. While the average value of