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Instruments previously produced in Japan circa 1970s. Distributed by the Philadelphia Music Company of Philadelphia, PA.
This trademark has been identified as a House Brand of the Philadelphia Music Company of Philadelphia, PA, the U.S. distributor of these Japanese-built instruments. The Pennco (sometimes misspelled Penco) brand name was applied to a full range of acoustic and solid body electric guitars, many entry level to intermediate quality versions of popular American designs. Source: Michael Wright, Vintage Guitar Magazine.

From Blue Book Publications:

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