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

Martin Value Guide · October 2026

Vintage Martin Tenor Guitar Value Guide

Many vintage Martin tenor guitars range from roughly $1,100 to $4,000, depending on the model and year. Rare variants and substantially altered instruments require individual appraisal.

Four-string 1927 Martin 5-21 tenor guitar in an open case
1927 Martin 5-21 tenor guitar in its case.

Vintage 0-, 2- and 5-size T models, including mahogany and rosewood versions. Plectrum guitars have their own guide. Compare The Authentication Guide.

Current Value Ranges

Estimated retail values in U.S. dollars, as of October 2026. Condition and originality affect the final value.

Model And PeriodEstimated Retail Value (USD)
1929 To 1939 0-18T$2,200 to $2,800
1940 To 1946 0-18T$1,900 to $2,400
Postwar 0-18T Through 1969$1,500 to $2,500
1934 To 1939 0-17T$1,800 to $2,400
1940 To 1947 0-17T$1,400 to $1,800
1950 To 1960 0-17T$1,200 to $1,600
1927 To 1928 2-17T$1,200 to $1,600
1928 To 1930 2-18T$2,000 to $2,600
1928 To 1929 2-28T$3,200 to $4,000
1949 To 1958 5-17T$1,200 to $1,600
1927 To 1928 5-21T$1,800 to $2,400
1960 To 1963 0-15T$1,100 to $1,400
0-28T, 5-15T And Unusual VariantsIndividual Appraisal

The range depends on condition and originality. Dealer purchase offers and consignment proceeds differ from retail value.

Upper body and herringbone rosette of a 1927 Martin 5-21 tenor
Four strings and the decorated rosette on the 1927 5-21 tenor.

Condition And Originality

Confirm the original four-string neck, scale, bridge and tuner arrangement. Replacement necks and conversions affect value. The price of a six-string Martin with a similar model number does not establish tenor value. Original parts, neck angle, repaired cracks and a usable setup all matter.

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

Get A Value For Your Martin

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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