Yamaha Nippon Gakki Classical guitar
by Joseph Prado
(Pueblo, Co. USA)
red label, pat. #187409, model # 20. Dynamic guitar. Mother of pearl dots at frets #5,#7, #10, #12 and at center of bridge. light color wood fret board and top, dark color body, checking of finish on top. made in Japan on back of head. some light dings. excellent overall condition. Block style lettering. Includes hard shell case also in excellent condition.
ANSWER
Hi, Joseph--
Although many owners swear by these guitars, they are unfortunately not of any great monetary value and are not listed in the Blue Book.
On the internet, they are selling for between $100. and $200. In fact, none of the Yamaha guitars are bringing much money these days, although many owners seem to love them
Sorry I could not give you better news.
Lynne