Thank you for contacting Mearto with your appraisal inquiry. Based on the photographs and description provided, the subject of this appraisal is a Martin 000-28 acoustic guitar circa 1937. The piece has been fitted with an armguard and Grover tuners, and the top has some hairline cracks that indicate that the top may have been previously repaired. The guitar includes a Martin hard case, not original to the guitar.

According to the current owner, the piece was acquired via inheritance. The piece features a serial number of 68444.

In excellent condition with no modifications, this guitar's value would approach approximately $45,000. In as-is condition with the modifications to the piece and potential top damage that may need further evaluation, a Fair Market Value (pre-auction estimate) of this piece would be estimated at $10,000 to $15,000.