Joe's Vintage Guitars - Preserving History One Guitar at a Time

000-18 Prices · Original Production Through The 1970s

Martin 000-18 Value Guide

Use the year and configuration together, then account for the guitar’s finish, structure and repair history.

1960 Martin 000-18: full front from Joe’s clean original-family example.
1960 Martin 000-18: full front from Joe’s clean original-family example.

A vintage Martin 000-18 from 1954 to 1959 is estimated at $5,800 to $7,550, while a 1966 to 1969 example is $3,400 to $4,700, assuming excellent, original condition and the original case. Earlier guitars occupy different groups, including the 1934 long-scale transition and wartime brace changes. Start with the 000-18 identification guide if those details aren’t confirmed.

These figures describe estimated retail market value. An offer to buy requires a separate assessment of the individual guitar, its repair needs and the work involved in selling it. A photograph of a clean top can’t establish the condition of the neck joint, bridge plate or back.

This Is An Estimate Of Market Value, Not An Offer To Buy And Not A Guarantee. Market Values Fluctuate; Have Your Specific Item Appraised.

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Joe’s November 2026 Estimates

Vintage Martin 000-18 Price Ranges

Joe’s Estimated Market Values: Excellent, Original Instruments With The Original Case
ModelYearsConfigurationEstimated Retail Value
000-181906Maple$11,500 to $15,300
000-181911 to 1917Rosewood$12,000 to $16,000
000-181920 to 1922Gut, mahogany$10,550 to $14,100
000-181923 to 1931Steel$17,600 to $24,650
000-181934Early 1934, long scale$28,050 to $35,600
000-181934 to 193814-fret$27,700 to $35,200
000-181939Early 1939, 1 3/4-inch nut$18,500 to $24,650
000-181939Late 1939, 1 11/16-inch nut$14,600 to $19,350
000-181940 to 1941Standard$14,100 to $19,350
000-181942 to 1943Scalloped braces$14,100 to $19,350
000-181944Scalloped braces$11,900 to $15,850
000-181944 to 1947Non-scalloped$8,800 to $12,300
000-181948 to 1949Standard$7,500 to $9,700
000-181950 to 1953Standard$6,900 to $9,050
000-181954 to 1959Standard$5,800 to $7,550
000-181960 to 1964Standard$4,800 to $6,100
000-181965Standard$4,250 to $5,550
000-181966 to 1969Standard$3,400 to $4,700
000-181970 to 1979Standard$2,850 to $4,000

U.S. dollars. Prepared in November 2026 from 2026 annual price-guide ranges, adjusted downward and rounded to the nearest $50. November dates this calculation; these are retail estimates rather than a record of completed November sales. They assume excellent, original condition and the original case and aren’t purchase offers. Repairs, changed parts and market conditions require individual appraisal.

The earliest listed 000-18 rows are included because the pre-1920 Martin value guide has no specific 000-18 price row. Other early Martin models belong there. Gaps in this chart mean a separate appraisal is needed; they don’t imply that an adjacent year’s number applies.

Original OM-18s belong in the OM-18 value guide. Modern recreations, signature editions and Custom Shop builds are outside this vintage chart. A model name containing an older year should be checked against its actual serial date before any range is used.

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Early Bodies Through Later Originals

Choose The Right 000-18 Market Group

Early Production

Unusual Woods And The 12-Fret Guitar

The early maple and rosewood rows describe their named configurations. They aren’t a general allowance for any 000 with unfamiliar wood. For these guitars, dimensions, intended string tension, bridge history and documentation need close review. A later spruce-and-mahogany comparison can be far off even when the model stamp or family description sounds similar.

1934 To 1939

Long Scale, Neck Width And Original Construction

The early-1934 long-scale row overlaps the broader 14-fret band. Use the correct physical configuration and count the guitar once. The early and late 1939 rows likewise require a neck-width check. Don’t select the highest number simply because the serial falls somewhere inside that calendar year.

On a valuable prewar guitar, a changed top, oversized bridge or extensive finish work can remove the basis for a clean-original comparison. An appraisal should state those differences before arriving at a number. A rare year doesn’t cancel the effect of altered wood.

1940s

Wartime And Postwar Brace Groups

The chart separates factory-scalloped and non-scalloped examples into their listed production groups. For a transition-year instrument, get interior photographs before settling on a row. Later brace shaving needs to be disclosed separately; it doesn’t put a postwar guitar into an earlier factory-built group.

1950s Through 1970s

Later Guitars And Playing Condition

Postwar 000-18s offer more price groups to compare, but they still vary with originality and repair quality. A playable guitar with a documented reset may be easier to assess than one advertised as untouched with high action and a shaved saddle. The 1970s row covers original production of that period, not a modern recreation of it.

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Describe The Work Before Adjusting The Price

What Changes A 000-18’s Worth?

Original Finish

Wear and a refinish are different conditions. Scratches and a worn patch can leave much of the factory surface intact, while a complete refinish replaces it. Have suspected touch-up and overspray assessed by area. Joe’s refinish identification guide explains the evidence, and the refinish value guide addresses its market effect.

Bridge And Top Work

A replacement bridge should be described by its fit, dimensions and the condition of the top beneath it. An oversized footprint can hide earlier damage. Repairs to the internal plate need their own entry in the condition report. A tidy exterior photograph doesn’t disclose an added plate cap, a large patch or previously enlarged pin holes.

Neck Angle And Frets

Document a completed reset, a pending reset and a refret separately. They describe different work. Ask for the remaining saddle height and a side view of the bridge along with action measurements. The neck-reset guide explains why lowering a saddle repeatedly may leave the underlying geometry unresolved.

A condition adjustment isn’t a stack of automatic discounts. A crack beside a shrinking guard, the repair to that crack and a replacement guard may all belong to one repair history. Counting them as unrelated problems can distort the result. Describe what happened, how it was corrected and what remains before comparing the guitar with another example.

Use what lowers vintage guitar value for the broader condition categories. The chart assumes a much cleaner baseline than many guitars that arrive from decades of family use. An instrument outside that baseline can still be desirable, but its price needs to be justified on its actual condition.

1960 Martin 000-18: spruce top, tortoise-pattern guard and belly bridge.
1960 Martin 000-18: spruce top, tortoise-pattern guard and belly bridge.
The 1960 and 1951 examples combine clean presentation with different maintenance histories. Include those records with the photographs.
1951 Martin 000-18 in its original case; the listing documents replacement nut and saddle.
1951 Martin 000-18 in its original case; the listing documents replacement nut and saddle.
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What A Useful Appraisal Record Contains

Compare The Whole 000-18, Including Its Case

1951 Martin 000-18: reglued original bridge and the visible footprint shadow.
1951 Martin 000-18: reglued original bridge and the visible footprint shadow.
1960 Martin 000-18 in its vintage chipboard case.
1960 Martin 000-18 in its vintage chipboard case.

The 1951 one-owner example has a documented neck reset, a reglued original bridge and replacement bone nut and saddle. Its bridge photograph shows the shadow around the footprint. The 1960 guitar was described with original finish and parts and no cracks, but with a reset needed for low action. These records explain why two clean-looking guitars still need individual condition adjustments.

Keep the case with the guitar and photograph its exterior, lining, handle, latches and any markings. A period-looking case isn’t automatically the original case supplied with the instrument. If its history is uncertain, say so. The original-case assumption is part of the listed ranges, and a replacement case should be described plainly.

Receipts, repair invoices and dated family photographs can establish a history that condition photos cannot. Retain the originals and send readable copies. A name written inside a case or a family memory can be a useful lead, but it doesn’t justify a celebrity premium without supporting evidence connecting that person to this instrument.

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Get The Assessment Before Cosmetic Work

Should You Repair A 000-18 Before Selling?

Ask for a value assessment before polishing away evidence, replacing a worn guard or ordering a complete refinish. The buyer’s preference may favor preserved original surfaces over a fresh appearance. Joe’s restoration-before-sale guide explains how to separate necessary stabilization from changes made mainly for looks.

If a repairer has already recommended work, include that estimate and the reason for it. A loose bridge, an open crack and an uncomfortable action aren’t interchangeable diagnoses. The appraisal can consider the instrument as it sits and explain which unanswered condition questions prevent a tighter range.

Don’t discard removed tuners, bridge pins or other original parts. Label them with the guitar’s serial and keep the repair invoice alongside them. Their presence doesn’t reverse an irreversible modification, but it helps document what was changed and may allow a future owner to preserve the instrument more accurately.

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Photographs And Measurements

What To Send For A 000-18 Appraisal

  1. Show The Complete Front And Back

    Use daylight without filters and include the body edges. Add a full-length view of the neck and headstock so the shape and proportions can be checked.

  2. Include The Model, Serial And Scale

    Photograph the neck block at an angle that clears the strings. For an early 14-fret guitar, supply the nut-to-twelfth-fret measurement and the number of frets clear of the body.

  3. Add Bridge, Heel And Interior Views

    A low side view should show the saddle and bridge height. Include known cracks, the neck heel and any available repairer photographs of the braces or plate.

  4. List Repairs And Ownership Records

    State what you know about finish work, neck resets, refrets and replacement parts. Include the case and paperwork, and label anything that is only a family recollection.

Send The Evidence

Get A Value For Your Martin 000-18

Send the photo set through the free appraisal form. I’ll review the production group and condition information with you. If you’re considering a sale, the Martin selling page explains the next steps.

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Continue With The Question You Need Answered

000-18 Pricing And Condition Resources

Questions AboutMartin Values

Are These 000-18 Prices Offers To Buy?
No. They are estimated retail market ranges for the stated condition and case assumption. A purchase offer depends on the individual instrument and a separate appraisal.
Which Range Applies To A 1944 000-18?
The chart distinguishes scalloped and non-scalloped construction. Have the brace profiles and later alterations checked before selecting the comparison.
Do These Figures Apply To A Golden Era Or Authentic?
No. Later recreations and Custom Shop instruments need comparisons for their actual production year and complete model designation.
Should I Refinish A Worn 000-18 Before An Appraisal?
Get the appraisal first. Original finish wear and refinishing are different conditions, and a cosmetic restoration may reduce collector value.

The Last Word

Put The 000-18’s Condition Beside The Price

Choose a row only after confirming the model, year and configuration. Then describe the condition that makes your guitar different from the chart’s assumption. Use the 000-18 authentication guide for unresolved identification questions, or send Joe the photographs for a free appraisal.

This Is An Estimate Of Market Value, Not An Offer To Buy And Not A Guarantee. Market Values Fluctuate; Have Your Specific Item Appraised.