Ditto on all the info on Guild. I bought my F-112 back in 1973(new) for under $300 and it was, perhaps, the best instrument purchase I ever made. Mine has been mellowing in the intervening years and the sound still excites me musically. I don't know what's out there on the market nowadays, but a few years back I heard folks raving about Yamaha 12-strings as being the best of all the Yamaha line. Best Regards, Duane.