I am not an expert but I have been collecting guitars since 1969. The comments regarding the manufacturing of guitars in Japan circa 1970 appear to have some validity. A buyer would buy a batch of guitars and place a name on the guitars import them to the U.S. and sell them through a number of stores. The same guitars ordered by a second buyer would have a completely different name and be imported to the U.S. and sold through a second shop. Same guitars different names. I bought a "Crown" classical six string through Wallichs Music City in 1969. I am sure the same guitar was sold under several other names. Spruce top, rose wood back and rose wood finger board. Today at a garage sale I bought a six string Orlando, in a cardboard case with three sets of new strings for $12.00. She started the negotiations at $15.00. The edge of the sound hole is painted black so I cannot determine whether the top is solid Spruce. It is not important what your guitar is worth. If you like it and the sound is right, enjoy the heck out of it.