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Originally Posted by floydmoline
as far as inflation goes, the guitar destroyed in 1960 was only worth what it was worth in 1960...... a comparision would be like worrying about someone smashing a squire stratocaster today...... i doubt you'd think twice about the value of a squire as someone was smashing it, you'd be like ehh it's a squire who cares, same was true to cheap guitars, in 1967 a 1967 strat wasn't worth a whole lot you could get them all day long at any guitar shop they were common and cheap
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Wow. This is totally wrong.
Of course Pete didn't know his guitars would become collectable. But the value of the dollar is only meaningful in comparison to what it will buy. People made a lot less back then. The guitars Pete was smashing were top of the line guitars, some of the best available. In fact, some, like his Rose-Morrises, were already somewhat rare (Rose-Morris was the UK distributor for Ric, which were very difficult to obtain in the UK).
Chaz's analysis of this was right.