GUEST: I bought this 14 years ago from the original owner's son.

He kept the original bill of sale, and the one where he paid it off a year later.

APPRAISER: And that was in...?

GUEST: July 28, 1956, on the bill of sale.

APPRAISER: 1956.

And that was, uh, right here in Mobile?

GUEST: Right in Mobile.

APPRAISER: Right in Mobile.

Okay.

Well, this is literally the 47th one made, excluding prototypes, that would actually place it in the year 1954.

Any idea of the value?

GUEST: I paid $3,000 for it.

APPRAISER: $3,000?

18:15 GUEST: I paid a lot of money for it.

14 years ago.

APPRAISER: Mm-hmm.

Well... today, a 1954 Stratocaster would be valued at auction between $50,000 and $70,000.

GUEST: Unbelievable.

APPRAISER: Great piece, thanks for bringing it in today.

GUEST: Oh, thank you very, very, very much.

APPRAISER: Yeah, my pleasure.