About a year and a half ago I found a 1963 Harmony Sovereign laying in the basement of someone my wife works with. It had been unused for some 30 years. They were indifferent about parting with it and didn't even want to take the $100 I wanted them to have for their effort and for giving me a guilt free conscience.

After investing another $100 to my luthier who set the neck, and strengthened the top seam, I have found this is a guitar to be treasured. It was the top of the line Harmony, all spruce top with mahogany back and sides. Super tone and volume that jumps out of it's somewhat oversized lower bout.

If you find one cheap, grab it and put some money into it. 1960-63 Sovereigns are found fairly regulary in the ads in Vintage Guitar magazine for $500-$600. Keep in mind that it was American made with halfway decent materials and craftsmanship.