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Instruments previously built by the Kay Musical Instrument Company of Chicago, IL, during the early 1930s.
These entry-level acoustic flattop and archtop guitars were built by Kay (one of the three U.S. jobber guitar companies), and distributed through various outlets. Arch Kraft developed a tilt-neck adjustment for the Venetian Kay Kraft models around the 1920s. Arch Kraft produced guitars between the 1920s and the 1960s. Used models in excellent condition can be priced between $200 and $400, depending upon features. Source: Michael Wright, Vintage Guitar Magazine.

From Blue Book Publications:

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