ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Vintage guitar prices soar in Japan as boomer buying outlasts pandemic

Sought-after Gibson, Martin models are 'something between a hobby and an investment'

Collectors prize vintage guitars because they produce sounds that improve with age. (Photo courtesy of Mikigakki)

TOKYO -- Prices of some vintage guitars in Japan have doubled since the start of the pandemic as what began as a pandemic hobby turned into an outlet for revenge spending.

In the past, prices would rise gradually over five- or 10-year spans, but now they often jump by 50% from one month to the next, according to a staff member at a guitar shop in Tokyo's Shinjuku ward.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more