ROB WARMOWSKI: All right everybody. Welcome to Gearwire.Com everybody. I'm Rob Warmowski and we're here at the Chicago Guitar Show, and Tim Mullaly from Dave's Guitars is here. How are you doing, Tim?

TIM MULLALY: Good, Rob. How are you?

ROB WARMOWSKI: Tim's holding in his hands about $30,000 worth of 1956 original Les Paul Gold Top, and there's some very interesting -- there's a veru interesting feature to this guitar. Tim, tell us about it.

TIM MULLALY: Well, you have the original neck and body and original finish on the back, in the neck which is worn and played in, not that well taken care of, but also the top of it has been refinished, relic-ed and aged to look like an old guitar. It's probably done 3 to 10 years ago but yeah definitely refinished up.

ROB WARMOWSKI: And if you get really tied in there, you can see that there's all sorts of wear and nicks and what-not, and I think a regular -- an appraiser of antiques would have hard time noticing that it had been refinished but this didn't get past him, and Tim, what is refinishing of a guitar of this vintage due to its value?

TIM MULLALY: Well, realistically, it cuts it about half. Whether it's just the top or the complete guitar, being redone realistically plan on cutting in half, and if there's any parts change or anything like that, you know, it detracts more from that most definitely.

ROB WARMOWSKI: So it's fair to say that without the -- in similar condition, without the refinish, the guitar might appraise at around 60.

TIM MULLALY: Yeah. Between 50 and 60 easy, yeah.

ROB WARMOWSKI: Pretty amazing stuff. I'm so nervous that he's holding it here that I'm just going to step away, carefully and gently. This is Rob Warmowski for Gearwire.Com at the Chicago Guitar Show.