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Martin Value Guide · October 2026

Martin OM-45 And OM-45 Deluxe Value Guide

Original Martin OM-45 and OM-45 Deluxe guitars require individual appraisal. The historical value ranges below apply to excellent original instruments; restoration and documented ownership can change the value substantially.

Comparison Photo: 1976 Martin 000-45

Full front of a 1976 Martin 000-45 used to compare Style 45 pearl ornament
1976 Martin 000-45, shown as a later Style 45 ornament comparison. This is a 000-45; the guide below covers original prewar OM-45s.

Original prewar OM-45 and OM-45 Deluxe guitars. Modern reproductions and pearl-trim conversions are separate markets. Compare The Authentication Guide.

Historical Value Ranges

Historical 2025 retail ranges in U.S. dollars for excellent original instruments. Current value requires individual appraisal.

Model And PeriodHistorical Retail Value (USD)
1930 OM-45, Banjo Tuners$500,000 To $625,000
1931 To 1933 OM-45, Standard Tuners$350,000 To $450,000
Original OM-45 Deluxe$450,000 To $550,000
Later Reissue Or Custom Shop GuitarUse Its Actual Production Year
Pearl Conversion Or Extensively Rebuilt GuitarSeparate Appraisal

These historical figures are not current appraisals.

Pearl back border and center strip on a 1976 Martin 000-45
Back-border pearl on the same 1976 000-45. This illustrates the location of Style 45 ornament, not the construction of a prewar OM-45.

Condition And Originality

The standard OM-45 and OM-45 Deluxe are separate factory models. Original top, neck, finish, bridge, fingerboard, tuners and pearl work must be assessed individually. Later decorative additions do not establish Deluxe identity. Conversions, major restoration and documented artist ownership require separate valuation.

For the broader comparison, read how repairs and changed parts affect guitar value. If the finish has been changed, the refinish value guide explains full and partial work and why an acoustic needs its own assessment.

Your Martin's Model, Year And Condition

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Send photos of the instrument and any repair records for an assessment of your guitar. You can read about Joe Dampt and the instruments he buys before getting in touch.

Photo Credits

Photographs from Joe's Vintage Guitars. Comparison photographs are labeled and do not depict the exact model being valued.

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