Anything that has been labeled "vintage" is generally considered to be an "oldie, but goodie" in the sense that it's an item that has stood the test of time and become what can be considered a "classic" whether it's a car, guitar, kid's game, model train, or what have you. Vintage guitars are generally older classics that have proven to be difficult to improve on, such as the Fender Telecaster, which has been in production since the 1950's and is still going strong. Thus, as with true classics, you're going to pay a price -- and a hefty one at that -- for that 1964 Sunburst Telecaster you're always wanted to own. If you're a vintage guitar collector, no price will likely faze you since these classics tend to be good investments that continue to grow in value, just like fine wine or a 15th century painting by one of the master artists.