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About This Listing

Yoshihiro Inaba ST 1978


This guitar was made in 1978 by little known in the West but highly regarded in Japan master luthier Yoshihiro Inaba. ST was his high-end model, made from high quality woods and dressed in ornamental extras and luxurious (for that era) tuners.


Yoshihiro was a brother of another great Japanese luthier Seiji Inaba. Both brothers apprenticed under Sakazo Nakade (considered the father of modern Japanese Lutherie) and started their independent careers in early 1950s. Seji became more famous for making (in early 1960s) custom made 10 strings guitar for Narciso Yepes, which Narciso treasured and played it for over 15 years.


Just like many other Japanese luthiers active in early 1970s Yoshihiro was over-shadowed by Japanese Luthier “No1” Masaru Kohno. After winning 1967 international guitar makers competition in Belgium and having plenty of international clients, Masaru Kohno could price his guitars “freely”. Many other less prominent Japanese luthiers without strong international exposure, had to be far more modest in pricing of their instruments. What it really meant was that very often they had to deliver far greater value for the price than Masaru Kohno did. Their instruments sounded better than similarly priced Kohno models. Being fully aware about these price/value differences Japanese players had plenty of options and for many years sustained hundreds of great domestic luthiers, while saving great deal of money.


Guitar you are looking at was priced 150 000 yen in 1978. If exactly the same grade guitar was made by more famous Japanese luthier it would be priced at least 200 000 yen. This guitar easily challenges Kohno N0 20 from the same year.


In 1978 great majority of 200 000 yen Japanese made classical guitars were made with solid figured Brazilian Rosewood b/s. Some were made solid straight grain BR. There have been some 200 000 yen models made with non-solid (figured or straight grain) Brazilian Rosewood (usually double backs and/or double sides).


For many makers 200 000 yen models were the top of the line, while some makers were selling their very top models for 150 000 yen (e.g. Ryoji Mastuoka No150, MH150, MR150, Kazuo Yairi YC150 or Takamine 15). Yamaha’s top models were GC30A, GC30B (priced 300 000 yen). Masaru Kohno’s top model was No50 and Sakazo Nakade’s No.5000 (priced 500 000 yen).


Less prominent luthiers had to accept far lower prices for their equally great instruments. In 1980 it was not very difficult to find in Japan a very high grade instrument made with solid figured BR b/s priced 150 000 yen (e.g. Takeo Koba No15, Hakusui Imai No15). However, in just few years prices of most of these guitars had gone up by 50% on average. By 1982 very few 200 000 yen models (Ryoji Matsuoka M200, Takamine 20 or Yamaha GC20) were still made with solid figured Brazilian Rosewood b/s. Kazuo Yairi was the only “crazy” manufacturer to sell similar guitars for 150 000 yen (models YC150, H15, T15). However, his “custom shop” models were priced no less than 200 00 yen.


It was then Yoshihiro’s great achievement to be able to price his guitar 150 000 yen in 1980. It was possible because his guitar represents the highest level among Japanese made classical guitars of any era.


As of today, French polished or cashew lacquered classical guitars made by Japanese elite luthiers with solid Latin America or African Rosewood b/s are priced minimum 800 000 yen. If they are made from long seasoned woods the price is surely higher. Priced $9,999USD, Yamaha GC82 is a great example. Yamaha GC82 or similarly priced Kohno Maestro guitars are not the highest priced Japanese models at all. Yamaha GC70 is priced $15000USD. Some custom made instruments are being priced up to $20000USD, which is still below of what leading European luthiers charge for their very top models.


Many players will agree that this guitar “sounds more Spanish than many guitars made in Spain”. Its tonality closely resembles Paulino Bernabe guitars. It offers high volume combined with magically soft tonality, with great level of transparency, superb level of note clarity and separation, and impressive sustain. Basses are strong yet focused, somewhat metallic, and rich with overtones. Trebles are strong, sweet, glassy clear but not overly bright, dressed in their own overtones.


Even though its top bears couple tiny marks its overall condition can be described as “excellent for its age” or “near mint for any age”. In fact, it looks like it has never been played before. Very importantly its neck is straight, while fingerboard and frets in excellent condition. Original tuners work fine. With its current action it plays easy.



Specifications:


Top: Highest Grade Solid Spruce/9 braces fan/ cashew lacquer


Back & Sides: Solid Straight Grain Brazilian Rosewood/cashew lacquer


Neck: Mahogany with Ebony insert


Fingerboard: Ebony


Scale: 655 mm


Nut width: 51.50 mm


Action is set to 3.50 mm under E6 and 3.00 mm under E1, with very little extra room on the saddle.


This guitar is equipped with original hard-shell case in still very good condition


When contemporary Japanese luthiers are using 40+ years old soundboards to make “all solid woods” guitar it is priced at least $5000USD. Guitars with artificially aged (“baked”) soundboards are priced at least $4500USD. Solid top models with 40+ years old soundboards are priced at least $3500USD. American, Australian and European luthiers usually charge 50% more.


It is a matter of basic education (not beliefs) to realize that 50+ years old soundboard of this guitar alone is worth $2500USD.


Real Value of Japanese Vintage Guitars


The key to understand value of vintage Japanese guitars is to acknowledge galloping price inflation (devaluation of Japanese yen) during 1960s & 1970s. This inflation slowed down in 1980s.


During 1960s and most of 1970s model numbers of Japanese guitars were strictly interconnected with their prices in Japanese yen. By early 1980s and during following decades model numbers were no longer strictly associated with their prices. Some Japanese guitar makers introduced model names instead of model numbers. Others were still using model numbers with addition of letters and/or other symbols.


It is then important to understand that two Yamaha GC10 guitars made 10 years apart are two instruments of totally different class. The same applies to any other Japanese maker/brand.


The logical way to estimate the true class of any given Japanese made instrument is to compare its price with the average annual salary of wage workers in Japanese private sectors. This salary was: 450 600 yen in 1965 - 825 900 yen in 1970 - 1 868 300 yen in 1975 - 2 689 000 yen in 1980 - 3 163 000 yen in 1985 - 3 761 000 yen in 1990 - 4 107 000 yen in 1995 - 4 082 000 yen in 2000.


Any guitar priced 100 000 yen in 1970 (labelled as No10 or No100) would be priced 200 000 yen in 1975 (relabeled to No20, No200 or 2000), 300 000 yen in 1977 (labelled as No3, No30 or 3000) and 500 000 yen by 1985 (labelled as No50 or 5000).


Starting in 1977 Masaru Kohno introduced his new models No40 priced 400 000 yen and No50 priced 500 000 yen. By early 1980s Kohno started using model names instead of numbers and was steadily raising their prices without changing model labeling. His very top model 50 became model “Special”, and a decade later it became model “Maestro”. Naturally, all other Japanese guitar makers were doing similar pricing (labelling) upgrades.


Knowing all of that, you can bet on that Masaru Kohno No50 made in 1982 is practically the same grade instrument as Kohno No20 made in 1972, or Kohno no 30 made in 1975.


In early 1970s the lowest Ryoji Matsuoka (all plywood) model was 10, followed by (solid top) models 15, 20, 25, 30, 40, 50, 60, 80 and (all solid woods) models 100 and 150. Models 50, 60 and 80 were made with non-solid figured Brazilian Rosewood (double) back and sides and top model 150 was the only one made with solid figured Brazilian Rosewood b/s.


In 1980 the lowest Matsuoka model was (all plywood) 20, followed by (solid top) models 30,40,50, 60 and all solid woods models 80,100,150 and 200. By 1990 the lowest Matsuoka model was M40 and the highest was M300. By 2010 the lowest Matsuoka model was M50 and the top model was M270.


You can bet that Ryoji Matsuoka model 50 from 1980 is of the same grade as model M100 from 2000, model 100 from 1980 is of the same grade as model M150 from 2000, model 150 from 1980 is of the same grade as M200 from 2000 and model 200 from 1980 is of the same grade as model M300 from 2000.


It is important to mention that if modern era luthiers are using 40+ years old woods to make an “all solid” wood classical guitar, its price is minimum $8000.


All vintage guitars made with Brazilian Rosewood are especially precious, including those made straight grain varieties and those with non-solid b/s.


Because response and tonal properties of Spruce soundboards are improving over time, long seasoned Spruces are far more precious than long seasoned Cedars.


It is not very difficult to find out what are current prices of such guitars made by world’s leading luthiers.

Listed2 years ago
Condition
Brand
  • Yoshihiro Inaba
Model
  • ST
Finish
  • Cashew Lacquer
Categories
Year
  • 1978
Made In
  • Japan
Body Shape
  • Classical

About the Seller

Victor's Guitar Gallery

Milton, GA, United States
(396)
Joined Reverb:2015
Items Sold:387

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