1960 Gibson ES-345

The 1960 ES-345 features original PAF humbuckers in the upscale 335 format with Varitone and stereo wiring. These are underappreciated relative to the 335 and represent excellent value in the dot-neck era.

Current Market Value

Excellent
$20,000$40,000
Very Good
$11,000$24,000
Good
$7,000$16,000
Fair
$3,000$8,000

* Prices are estimates based on recent market data. Actual value depends on originality, condition, and provenance. Pricing methodology

Specifications

Body WoodMaple (laminated, solid center block)
Neck WoodMahogany
FingerboardRosewood
Scale Length24.750"
Frets22
Pickup ConfigHH
BridgeTune-O-Matic ABR-1 with stop-bar or Bigsby
TunersKluson Deluxe double-ring
Finish OptionsCherry, Sunburst, Natural

Pickups & Electronics

Two PAF humbuckers. The ES-345 added Varitone switch (6-position tone selector) and stereo wiring over the standard 335.

What Changed in 1960

The ES-345 was positioned between the 335 and 355 — adding the Varitone circuit and stereo output. Many players bypassed the Varitone; its presence/absence affects collectibility.

Collector's Notes

The Varitone inductor coil is often missing or bypassed — originality of the Varitone circuit affects value. Natural finish is extremely rare. PAF pickups are the primary value driver.