Introduced in 1922, the Gibson L5 is the precursor of the modern archtop guitar. It was the first archtop to feature f-holes, which allowed it to project through the horn-dominated bands of the day. Its strong, full, warm sound was an immediate and overwhelming success that turned the heads of makers, players and listeners alike. The reissues of ’82 were okay, but many players had the real thing and they were still affordable. 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. It was half a century ago that the curvaceous instrument, recently named by What Guitar? magazine as the world's greatest electric guitar, debuted in a career that would change the sound of music forever. For the Gibson lovers, I'd consider a '54 to '56 Les Paul Gold Top (I think you might be lucky to pick up a '57) or a Custom. If you have $5,000 or $6,000 left, then a good Fender Tweed Bassman or Twin would fit the bill nicely. A catholic choice, I know, but these guitars have consistently been in demand, and I see no change to this in the near or far-off future. Guitar In Jazz Lesson.