At the dawn of the Schultz era, things began to come back into focus, and in 1985, with Schultz and his investors now owning the company, Fender faced one of its most daunting design challenges yet: Build a better Stratocaster. Not a reissue, not a cost cutter, not a “Cadillac,” not an import — just a basic U.S. Strat. Like the electric guitar, the vibrations of the string cause an electrical signal to be created in sensors called pickups, which are amplified and played through a speaker. "It's an American rock 'n' roll icon. There is no more recognizable guitar in contemporary music than the Strat". The American Series is celebrating the 50th anniversary of the Stratocaster guitar as well, with the 50th Anniversary American Series Stratocaster guitar. Case Guitar Used. The change to the guitar form factor and the addition of frets made the instrument much easier to play. Fender's Precision Bass was first sold in 1951, with the single split pickup design that is still widely available (both Fender Precision basses and innumerable copies) being introduced in 1957. This allowed bassists to move further up front in the band mix, both visually and audibly. This work has been continued and many companies and individual luthiers have joined the quest to take Leo Fender's original dream and idea to new levels. Introduced in 1954 and now recognized as the best electric guitar ever designed, Leo Fender's Stratocaster is one of the 20th century's most influential inventions. One of the 20th century's most innovative companies, from its owner's humble beginnings as a helicopter manufacturer to its rise as the biggest acoustic guitar maker in the U.S. Ovation guitars. Case Guitar Used.