Gibson Guitars

[Buck14]

The only Gibby Les Pauls I purchased new are the cheap Epis.

I love the old guitars and I don’t shop in the high end custom market at all.

My Gibby LP Axes BOUGHT USED:

1979 Les Paul THE PAUL

2000 Les Paul Gibby Standard in Naked Wood finish

 

 

[Colt45]

3 hours ago, Grateful13 said:

@Colt45 Is that an original Mark I?  Nice!
 

It's an original MK IIB - I bought it when you had to order direct, when they were not available in stores.

[BuzzArd]

Gibson's not going anywhere.  Hopefully their restructuring will allow better built instruments at better prices.  I'd never buy a current model for the MSPR let alone the street prices.   Have owned and sold more Gibsons than I can recall and I will keep the two I have in perpetuity (even while missing some that I let go).  In the meantime there are plenty of fantastic guitars on the market to put a smile on peoples faces. 

[Bords]

Similar to Martin, the changes Gibson made over the years since the golden era of the late 50s Les Pauls turned out to hurt the tone. Thick finishes, truss rod condom and overall higher production numbers make current Gibsons vastly different guitars vs the old ones.

I found a luthier in England to build me a dead nuts accurate 59 les Paul replica down to the hide glue, fading alanine dye, vintage correct plastics etc for about the same cost as an Historic. The thing resonates like a tuning fork and I’m convinced Gibson hit the sweet spot back in 59 with that recipe. Same with Pre-war Martins, the things like hide glue, Brazilian rosewood, bar frets and no adjustable truss rod add up to that tone that sounds like a pipe organ.

I still admire Gibson as a brand but sad to say you need to “run the racks” to find a good one these days.


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[luckme10]

First Remington, now Gibson. Sad to see that even during a strong economy these iconic companies have fallen on tough times.

[Winchester21]

The seized wood issue was total BS and I understand that it cost them a bundle and seriously effected production for an extended period of time. The Obama administration wasted lots of time and resources declaring private wars on business that they did not like such as gun shops. I never understood why they went after Gibson.  I don’t play but I always wanted to just never had time. I have owned and sold several Gibson’s. Fine well made product. Expensive but really cool.  I sure hope they make it. It would be a great loss if they go away completely

[El Hoze]

Thought this might interest you guys following this. I know very little about guitars but distressed debt is a hobby of mine. 

Gibson Guitar Rescue Plan Stymied by GSO, KKR Standoff on Loan
2018-05-23 18:44:34.248 GMT


By Steven Church
     (Bloomberg) -- A plan to reorganize American guitar maker
Gibson Brands Inc. in bankruptcy is losing steam amid a dispute
between the company’s senior lender, GSO Capital Partners, and
its leading noteholder, KKR & Co.
     The fight prevented Gibson from winning court approval on
Wednesday to borrow about $35 million and refinance about $100
million owed to Blackstone Group LP’s GSO credit unit, which
could leave the company short on cash if the dispute isn’t
overcome quickly. Gibson was forced to pull the funding proposal
after a judge sided with GSO’s complaints about the refinancing.
     Gibson, GSO and a group noteholders led by a KKR affiliate
will try in the next few days to resolve who would bear
liability for any flaws in the collateral package backing the
GSO debt once it is refinanced.
     If no deal is struck, Gibson will have to come back to
court on May 31 for an emergency hearing to seek approval of
some kind of financing package to fund the bankruptcy, Gibson
lawyer Michael Goldstein said in court.
     Gibson and the noteholders, including KKR’s affiliate, say
they need to refinance $101.4 million owed to GSO in order to
start the process of transferring ownership of the guitar maker
to the noteholders. The new loan would reduce interest expense
and give Gibson $35 million to pay for its reorganization in
bankruptcy.
     An affiliate of KKR holds $198.3 million in Gibson notes.
The affiliate and other noteholders would take ownership of
Gibson under a proposed reorganization plan that is based on
refinancing the GSO debt.

[MoeFOH]

I used to own a Les Paul std. Gorgeous piece of gear. Scrimped and saved like a madman to buy it, even though I sucked as a guitar player. Down on finances and wanting to go overseas for the first time (this was 20 years ago) I sold it off to help pay for the trip. Yep, one of my bigger bonehead moves ever. Even though I would never have amounted to anything as a musician, that guitar was something else, and it would have been an ongoing pleasure to have been able to pull it out and have a play every now and then, even if only to my ears...

I had a few Strats as well. I'd definitely say they were a lot more "playable" than the Les Paul (not as heavy, better contoured to the body, and with the double cutaway for higher access on the neck), but the Gibson blew them away for tone and aesthetic value--simply exquisite pieces of kit. 

To this day, I still want a Firebird. Never even had the opportunity to play one, but I still want the damn thing! Quirky, odd, beautiful looking thing it is... probably a real mule to play!... Still... 

[rascalmonkey]

had a '54 gold top and a '59 black beauty 3-p/u custom as a teen

had to sell them in hard times some 25-30 years ago 

....but i still have this one bizarre dream which involves me still owning them 

and then i wake up and it really sucks!!!!