MARTIN D-45 Description
- dreadnought body style, solid spruce top, solid Brazilian rosewood (1933-1942, 1968-69) or Indian rosewood (1969-present) back and sides, round soundhole with abalone pearl rosette, ivoroid (1933-1942) or white (1968-present) body binding, abalone pearl top, back, and side inlays, Style 45 zigzag back strip, mahogany neck, 14/20-fret ivoroid (1933-1942) or white (1968-present) bound ebony fingerboard with snowflake (1933-39) or hexagonal (1940-42, 1968-present) inlay, bound headstock with rosewood overlay and abalone block logo inlay, three-per-side gold tuners, ebony bridge with white bridge pins and abalone dots, tortoise (1933-1942) or black (1968-present) pickguard, available in Natural finish, 25.4 in. scale, mfg. 1933-1942, 1968-present.
The prices of Prewar D-45s are constantly increasing. According to Martin production records, only 91 instruments were produced between 1933 and 1942. Currently, the market has only accounted for 72 of the 91. Furthermore, 25 of the 72 have been refinished or oversprayed. Depending on the original condition, prewar D-45s are currently priced in the $350,000 - $500,000 range, and refinished or oversprayed instruments will sell for considerably less (approx. $150,000 - $200,000). As values on this model continue to rise, especially for pre-WWII mfg., originality has become increasingly important, affecting values up to 25% or more in today's original condition dominated marketplace. Original frets, tuners, bridges, bridge pins, bridge plates, and especially finish have become more critical to determining the final value. The Blue Book of Acoustic Guitars highly recommends that several professional appraisals be secured before buying/selling/trading any pre-war Martin D-45.
Martin also produced two SD12-45 12-string guitars with standard 14-fret neck bodies (1971, 1973), one D-45P guitar with a low profile neck (1987), and an unknown number of D-45N guitars with standard necks (1989-early 1990s). In 1986, Martin introduced an adjustable U-bar truss rod as standard equipment; however, they also offered a non-adjustable square bar truss rod through the early 1990s and these guitars are stamped D-45Q (total production of 32 instruments).