1968 Gibson Les Paul Custom: Complete Identification, Authentication, and Value Guide

Last Updated: February 2026

What Makes the 1968 Gibson Les Paul Custom Significant?

Direct Answer: The 1968 Les Paul Custom represents the first full production year of the Les Paul's return after nearly a decade of absence. Gibson discontinued the Les Paul Standard in 1960 (transitioning to the SG), and the Custom followed shortly after. The 1968 reintroduction marked Gibson's response to growing demand for Les Paul-style guitars, driven by British blues-rock players who had discovered vintage 1950s examples. This makes 1968 a historically significant transitional year—the bridge between vintage 1950s Les Pauls and modern production.

Why 1968 Les Paul Customs Matter:

The 1968 Les Paul Custom occupies a unique position in Gibson history. It's neither a "golden era" 1950s instrument nor a typical 1970s production guitar. Instead, it represents Gibson's attempt to recapture the Les Paul magic after years of SG production. The company reintroduced the model with period-appropriate features while incorporating some modern improvements, creating an instrument that straddles two distinct eras of Gibson craftsmanship.

Key Significance Factors:

1. Historical Reintroduction: First full year of Les Paul Custom production since early 1960s discontinuation

2. Pre-Norlin Era: 1968 predates the Norlin corporate ownership period (1969-1986), maintaining some connection to earlier Gibson construction methods

3. Transitional Construction: Mix of vintage-style features (long neck tenon, hand-wiring) and new elements (some pancake body construction, updated electronics)

4. Two Configurations: Available in both two-pickup and three-pickup versions, with three-pickup commanding premium collectibility

5. "Black Beauty" Heritage: Maintains the iconic ebony finish, gold hardware, and premium appointments that defined the original 1950s Les Paul Custom

6. Pre-Volute Production: 1968 examples built without the neck volute (reinforcement) that appeared in 1970, making them cleaner aesthetically and more connected to vintage design

Market Position Today:

1968 Les Paul Customs occupy a distinct market tier. They're more affordable than 1950s Les Paul Customs while commanding respect as early reissue production. Collectors recognize these as quality instruments from a transitional period, and players value them as professional-grade guitars with vintage character. The three-pickup configuration particularly draws collector interest due to relative scarcity and distinctive appearance.

Who Searches for 1968 Les Paul Custom Information:

• Owners trying to identify: "Is my black Les Paul from 1968? How do I tell?"

• Potential sellers: "What's my 1968 Les Paul Custom worth? Should I sell it?"

• Buyers researching: "Are 1968 Les Paul Customs good guitars? What should I look for?"

• Enthusiasts authenticating: "How do I know if my 1968 Les Paul Custom is real?"

• Investors evaluating: "Are 1968 Les Pauls good investments compared to other years?"

If you own a 1968 Les Paul Custom and want expert authentication and valuation, Edgewater Guitars provides free evaluation for vintage Gibson instruments throughout Ohio, Michigan, Pennsylvania, Indiana, and West Virginia. We specialize in late 1960s Gibson authentication and understand the specific features that distinguish 1968 production. Call (440) 219-3607.

What Affects the Value of a 1968 Gibson Les Paul Custom?

Value Position Within Gibson Les Paul History

Understanding where 1968 Les Paul Customs fit in the broader market hierarchy is essential to realistic value expectations.

Market Tier Hierarchy (High to Low):

1. Top Tier: 1950s Les Paul Standards (bursts), 1950s Les Paul Customs

2. High Tier: Early 1960s Les Paul/SG transitional models with PAF pickups

3. Upper-Mid Tier: Late 1960s Les Paul reissues in excellent original condition (1968-1969)

4. Mid Tier: 1970s Les Pauls in excellent original condition

5. Lower Tiers: Modified, refinished, or heavily worn examples from any era

Where 1968 Customs Sit:

1968 Les Paul Customs occupy the upper-mid tier—significantly more valuable than typical 1970s production but substantially below 1950s examples. They represent the earliest of the reissue era and benefit from pre-1970 construction quality.

Two-Pickup vs. Three-Pickup Configuration

The most significant value differentiator within 1968 Les Paul Custom production is pickup configuration.

Three-Pickup Les Paul Custom:

• Substantially higher collectibility and value

• More distinctive appearance

• Direct connection to 1950s three-pickup Custom heritage

• Lower production numbers than two-pickup

• Commands premium in market (typically 20-35% higher than two-pickup equivalent in same condition)

Two-Pickup Les Paul Custom:

• More common configuration

• Still highly collectible and valuable

• Preferred by some players for simpler electronics and reduced weight

• Strong market demand but below three-pickup tier

Why Three-Pickup Commands Premium:

Rarity and visual impact. The three-pickup Les Paul Custom directly references the 1950s "Tuxedo" guitar aesthetic. The additional middle pickup creates distinctive appearance and tonal versatility. Production numbers favored two-pickup models, making three-pickup examples less common and more collectible.

Finish Condition and Originality

All-Original Finish (Excellent Condition):

• Maximum value tier

• Ebony (black) finish with age-appropriate checking

• Original gold hardware with natural aging/patina

• No refinishing, touch-ups, or color changes

• Represents highest collectibility

All-Original Finish (Honest Play Wear):

• Strong value tier

• Finish checking, buckle rash, playing wear on original finish

• Hardware wear consistent with age

• No refinishing but shows decades of use

• Many collectors prefer this "earned patina" aesthetic

Partial Refinish (Touch-Ups, Repairs):

• Moderate value reduction (typically 15-30% below all-original excellent)

• Localized finish work (ding repair, small refinish areas)

• Affects value proportionally to scope of work

Complete Body Refinish:

• Substantial value reduction (typically 35-55% below all-original excellent)

• Destroys original finish patina and authenticity

• Even professional refinish significantly impacts collectibility

• Black refinish on black guitar still obvious to experts

Non-Original Finish Color:

• Major value reduction (40-60% below all-original excellent)

• Changing from ebony to sunburst, natural, or other color

• Eliminates "Black Beauty" designation and collector appeal

• Particularly problematic if represented as original

Hardware and Component Originality

Critical Original Components:

Pickups:

• Original late 1960s humbuckers essential for maximum value

• Patent number pickups (T-Top style in late 1968)

• Replaced pickups reduce value by 20-35%

• Aftermarket pickups (Seymour Duncan, DiMarzio, etc.) reduce value by 25-40%

Gold Hardware:

• Original gold-plated tuners, bridge, tailpiece critical

• Gold plating wears naturally—some wear acceptable and expected

• Replaced hardware (even with gold-plated reproductions) reduces value by 15-25%

• Chrome or nickel replacement hardware reduces value by 20-30%

Electronics:

• Original pots, capacitors, wiring harness preferred

• Pot codes should show 1967 or 1968 manufacture dates

• Complete electronics replacement reduces value by 15-25%

• Modified wiring (coil-splits, phase switches added) reduces value by 10-20%

Binding:

• Multi-ply binding on body should be intact

• Binding shrinkage, separation, or deterioration reduces value by 10-20%

• Replaced binding reduces value by 15-25%

Structural Issues and Repairs

Headstock Repairs:

Most significant structural concern on Les Pauls. The angled headstock design makes them prone to breaks.

• No Repair (Original): Maximum value

• Professional Invisible Repair: Reduces value by 25-40% even when repair is invisible

• Visible Repair: Reduces value by 35-50%

• Poor Quality Repair: Reduces value by 45-60%

Neck Issues:

• Neck cracks (even if repaired): Reduce value by 20-35%

• Neck reset (not typically needed on solid-body but occurs): Reduces value by 15-25%

• Neck replaced entirely: Reduces value by 40-60%

Body Cracks:

• Professional repair of body crack: Reduces value by 15-30%

• Multiple body cracks or poor repairs: Reduce value by 25-40%

Modifications That Reduce Value

Binding Modifications:

• Removed binding (extremely rare but occurs): Reduces value by 30-45%

• Added binding where shouldn't exist: Reduces value by 15-25%

Routing Modifications:

• Added pickup routes (converting 2-pickup to 3-pickup): Reduces value by 35-50%

• Removed pickup route (filling middle position): Reduces value by 30-45%

• Tremolo route added: Reduces value by 40-55%

Hardware Modifications:

• Bigsby added (not factory): Reduces value by 15-30%

• Locking tuners installed: Reduces value by 10-20%

• Tune-o-matic replaced with modern bridge: Reduces value by 15-25%

Electronics Modifications:

• Active electronics installed: Reduces value by 25-40%

• Coil-tap switches added (requires drilling): Reduces value by 15-25%

• Modern wiring harness: Reduces value by 15-25%

Provenance and Documentation

Original Case:

• Correct Gibson case from era adds value (typically 8-15% premium)

• Later case minimal impact

• No case reduces appeal but doesn't reduce value if guitar otherwise excellent

Documentation:

• Original sales receipt: Adds authentication confidence, premium appeal

• Period photographs with original owner: Adds provenance value

• Maintenance records from professional luthiers: Adds transparency, buyer confidence

• Gibson shipping records or factory documentation: Substantial authentication value

Celebrity Provenance:

• Verifiable ownership by notable musician: Can add substantial premium

• Requires authentication and documentation

• Unverifiable claims: No value impact

Pancake Body Construction

Some 1968 Les Paul Customs feature "pancake" body construction (multi-piece mahogany body with maple center layer visible in control cavity). This construction appears inconsistently during this period.

Market Perception:

• Pancake body somewhat controversial among collectors

• Some collectors prefer traditional one-piece or two-piece mahogany

• Others view pancake as acceptable period construction

• Generally neutral to slight negative impact on value (5-15% reduction in some markets)

• Less impact than refinishing or replaced pickups

How to Identify: Remove control cavity cover, examine mahogany body wood. Pancake construction shows maple layer between mahogany pieces (appears as light-colored wood stripe through control cavity).

How 1968 Compares to Adjacent Years

1968-1969 Comparison:

These years are nearly identical in construction and features. Market treats them as equivalent tier, with 1968 commanding very slight premium in some collector circles as "true first full year" of reissue production. Difference minimal—condition and originality matter far more than 1968 vs. 1969 distinction.

How to Date Your 1968 Gibson Les Paul Custom

Dating a 1968 Les Paul Custom requires examining serial number, Factory Order Number (FON), potentiometer codes, and construction features. No single element definitively proves 1968—authentication requires cross-referencing all factors.

Serial Numbers: Location and Format

Serial Number Location:

1968 Les Paul Customs have serial number impressed (stamped) into back of headstock.

Serial Number Format:

1968 falls within Gibson's transition between serial number systems.

Expected Serial Number Ranges for 1968:

Critical Serial Number Caveat:

Gibson serial numbers from this era are notoriously imprecise. Serial number provides approximate year only—must cross-reference with FON, pot codes, and features for accurate dating. Serial numbers were not strictly sequential, and production overlap creates confusion.

Red Flags:

• Serial number significantly outside expected ranges (e.g., serial 234567 claimed as 1968—that's mid-1960s range)

• Serial number format inconsistent with 1968 production

• No serial number (indicates refinished headstock or fake)

Factory Order Number (FON)

Location: Stamped inside body, visible through pickup routes or control cavity

How to Access: Remove pickup rings or control cavity cover, shine flashlight into body, look for stamped numbers on interior wood

FON Format: Sequential production number

What FON Tells You:

FON represents production sequence. Cross-referencing FON with known production records helps narrow dating. FON should align with serial number year within reasonable tolerance.

Example FON for 1968:

FONs in 800,000-900,000 range typical for 1968 production, but overlap with adjacent years common.

Using FON for Authentication:

FON presence confirms Gibson production (not present on counterfeits typically). FON alignment with serial number and pot codes confirms dating accuracy.

Potentiometer Code Dating

Location: Inside control cavity (remove cover plate on back of guitar)

How to Access: Two screws hold control cavity cover. Remove cover carefully (pots attached to cover). Use flashlight and magnification to read codes stamped on pot backs.

Pot Code Format: XXXYYXX

• First three digits: Manufacturer code

  • 137 = CTS (Chicago Telephone Supply)

  • 134 = Centralab

  • 304 = Stackpole

• Next two digits: Year (67 = 1967, 68 = 1968)

• Last two digits: Week of manufacture (01-52)

Example: 137 6835 = CTS manufacturer, 1968, week 35 (late August/early September 1968)

Expected Pot Codes for 1968:

All pots should show 1967 or 1968 manufacture dates:

• 137 67XX or 137 68XX (CTS 1967 or 1968)

• 134 67XX or 134 68XX (Centralab 1967 or 1968)

• 304 67XX or 304 68XX (Stackpole 1967 or 1968)

Pot Code Dating Logic:

Pots manufactured before guitar assembly (parts inventory). Seeing 1967-dated pots in 1968 guitar is normal—pots manufactured late 1967, guitar assembled early/mid 1968. Seeing 1969 pots suggests late 1968 production or 1969 guitar.

Red Flags:

• Pot codes from 1970s in claimed 1968 guitar (indicates replaced electronics)

• Mix of wildly different pot years (one from 1968, one from 1975 = partial electronics replacement)

• Modern pot codes (CTS codes from 2000s, modern Alpha pots)

• No manufacturer codes (no-name pots likely replacements)

Dating by Construction Features

Visual and construction features confirm year within late 1960s production.

1968-Specific Features:

Pancake Body Identification:

Remove control cavity cover. If pancake construction present, you'll see:

• Maple layer (light-colored wood) sandwiched between mahogany pieces

• Visible as stripe through cavity opening

• Not present on all 1968 examples—inconsistent during this period

Pickup Dating:

Late 1960s Patent Number Pickups:

• Chrome covers with "Patent No." embossed

• Late 1968 production may have early T-Top pickups (T-shaped bobbin visible when cover removed)

• DC resistance typically 7.5k-8.5k ohms

Remove pickup ring (four screws per pickup), examine pickup:

• Patent number embossed on cover = late 1960s correct

• T-Top (T-shaped bobbin visible) = late 1968/early 1969 transitional

• Modern pickup brands (Seymour Duncan, DiMarzio) = replaced

Complete 1968 Authentication Checklist

To confirm 1968 production, verify:

1. Serial Number: Six-digit starting with "0" or "5", or 8-digit format (68XXXXXX range)

2. FON Present: Stamped inside body, visible through routes

3. Pot Codes: All showing 1967-1968 manufacture (137 67XX/68XX, etc.)

4. No Volute: Back of headstock smooth, no reinforcement bump

5. Truss Rod Cover: "Les Paul Custom" script (no "Made in USA")

6. Block Inlays: Split-block style in ebony fingerboard

7. Multi-ply Binding: White/black/white body binding

8. Gold Hardware: Throughout (tuners, tailpiece, pickup covers)

9. Patent Number Pickups: Chrome covers with embossing

10. Ebony Finish: Black finish on body (unless special order, extremely rare)

If all factors align, guitar is authentically 1968. If factors conflict (serial says 1968 but pot codes say 1972, or volute present but serial says 1968), suspect replaced parts or misrepresentation.

Not sure if your Les Paul Custom is actually from 1968? Edgewater provides free authentication including serial verification, FON examination, pot code analysis, and feature cross-referencing. Call (440) 219-3607.

How to Identify an Authentic 1968 Gibson Les Paul Custom

Key Authentication Points

1. Serial Number and FON Alignment

Serial number and Factory Order Number should align within expected 1968 ranges. Misalignment indicates either misdating or married parts.

Verify:

• Serial number impressed into headstock back (not decal, not absent)

• FON stamped inside body

• Both consistent with 1968 production

2. Potentiometer Code Verification

All four pots (or six on three-pickup) should show 1967-1968 manufacture dates unless electronics replaced.

Process:

1. Remove control cavity cover (two screws)

2. Photograph pot codes on all potentiometers

3. Decode: Should read 137 67XX, 137 68XX, 134 67XX, 134 68XX, or similar

4. All pots should be from same era (within 12 months of each other)

Red Flags:

• One pot 1968, another 1975 (partial replacement)

• Modern pot codes

• No codes visible (modern pots)

3. Volute Absence Verification

1970 introduced volute (reinforcement bump on back of headstock). 1968 should NOT have volute.

Process:

1. Examine back of headstock where neck meets headstock

2. Run finger along transition—should be smooth

3. No bump, reinforcement, or raised area

If Volute Present: Guitar is 1970 or later, not 1968. Seller either misdated or headstock replaced with later neck.

4. Pickup Authentication

Original Late 1960s Pickups:

• Chrome covers with "Patent No." embossing

• Hand-wound coils visible when cover removed

• DC resistance 7.5k-8.5k ohms (test with multimeter)

• T-Top style (late 1968): T-shaped bobbin visible, "Patent No." on cover

Replaced Pickups Indicators:

• Modern pickup brands visible

• No "Patent No." embossing

• Routing enlarged (indicates different pickup required enlarging cavity)

• DC resistance significantly outside 7.5k-8.5k range

5. Hardware Originality

Original Gold Hardware:

• Gold plating on tuners, bridge, tailpiece, pickup covers

• Natural wear patterns (plating wear on high-contact areas)

• Period-correct Kluson or Kluson-style tuners

Replaced Hardware Indicators:

• Chrome or nickel hardware (wrong for Les Paul Custom)

• Modern tuner brands (Grover Rotomatics, Gotoh, Schaller)

• Locking tuners (not period correct)

• Modern bridge (Nashville Tune-o-matic instead of ABR-1)

6. Binding Verification

Correct 1968 Binding:

• Multi-ply body binding: white/black/white layers

• Single-ply white neck binding

• Binding nibs at fret ends (binding meets frets with small protrusion)

Binding Issues:

• Shrinkage (binding pulling away from body)

• Wrong binding style (single-ply on body)

• Replaced binding (too clean, wrong material)

• Missing nibs (indicates refret that removed binding nibs)

7. Finish Authentication

Original Ebony Finish:

• Black nitrocellulose lacquer

• Age-appropriate checking (fine cracks in finish)

• Natural aging and patina

• Consistent aging across all surfaces

Refinish Indicators:

• Overspray in pickup routes (black paint where shouldn't be)

• Paint buildup in neck pocket

• Thick, plasticky feel (polyurethane over nitro or amateur refinish)

• No checking (old nitro finish should show checking)

• UV light reveals refinish (glows differently under UV)

Red Flags: Spotting Fakes and Misrepresentations

Major Authentication Red Flags:

1. Wrong Serial Number Format:

• Serial number decal (should be impressed/stamped)

• Serial number format inconsistent with any Gibson era

• No serial number (refinished headstock or fake)

• Serial number clearly from different decade

2. Volute Present:

• If volute visible on back of headstock, guitar is 1970 or later

• Cannot be 1968 with volute

• Either misdated or replaced neck

3. Pot Codes Significantly Wrong:

• All pot codes from 1970s+ in claimed 1968 guitar

• No pot codes visible (modern replacement pots)

• Pot codes predate claimed year by multiple years (2-3+ years earlier suggests earlier guitar misdated)

4. Modern Components:

• Modern pickups (Seymour Duncan, DiMarzio, etc.)

• Modern electronics (active preamps, coil-tap switches)

• Locking tuners

• Modern bridge

5. Headstock Repair Concealment:

• Seller claims "all original" but headstock shows repair evidence

• Paint inconsistency on headstock back

• Filler visible or palpable

• Flexing when gentle pressure applied

6. Refinished Represented as Original:

• Overspray evidence

• Wrong finish thickness

• No age-appropriate checking

• Seller insists "all original" despite obvious refinish

7. Replaced Neck:

• Neck pocket fit extremely loose (indicates wrong neck)

• Neck date stamps inconsistent with body dates

• Neck features wrong for 1968 (volute, wrong binding, etc.)

8. Counterfeit:

• Poor quality logo

• Wrong headstock shape

• Incorrect inlay style or spacing

• No FON inside body

• Construction inconsistent with Gibson methods

Common 1968 Les Paul Custom Issues

Issue 1: Headstock Repairs

Most common major structural issue. Les Paul headstock angle makes them prone to breaks.

How to Check:

• Examine headstock back for paint irregularities

• Feel for filler or repair material

• UV light examination reveals glue lines

• Gentle pressure test (flexing indicates compromise)

Value Impact: Even professional invisible repair reduces value substantially. Disclosed repairs affect value less than concealed repairs discovered later.

Issue 2: Binding Deterioration

Multi-ply binding shrinks and deteriorates over time.

How to Check:

• Examine body binding for shrinkage, separation, gaps

• Check for cracks in binding material

• Verify binding hasn't been replaced

Value Impact: Minor shrinkage acceptable. Severe deterioration or replacement reduces value.

Issue 3: Pickup Replacement

Very common modification. Players replaced patent number pickups with hotter modern pickups for heavier rock tones.

How to Check:

• Remove pickup rings, examine pickups

• Look for "Patent No." embossing

• Check routing for enlargement

• Test DC resistance

Value Impact: Replaced pickups significantly reduce collector value.

Issue 4: Electronics Replacement

Complete wiring harness often replaced during service or upgrades.

How to Check:

• Pot codes (should all be 1967-1968)

• Modern components visible

• Non-period wiring style

Value Impact: Complete electronics replacement moderately reduces value.

Issue 5: Refinishing

Less common than on other models (black hides wear well) but occurs.

How to Check:

• Overspray evidence

• Finish thickness

• Checking patterns

• UV light examination

Value Impact: Refinishing substantially reduces value.

Issue 6: Fret Work

After 55+ years, refretting often necessary or already completed.

How to Check:

• Examine fret ends at binding (nibs should be present if original)

• Crown shape (vintage vs. modern style)

• Fret wire size (vintage smaller than modern jumbo)

Value Impact: Professional refret with correct wire minimal impact. Poor refret or damaged binding during refret reduces value more significantly.

Issue 7: Tuner Replacement

Original Klusons commonly replaced with modern tuners.

How to Check:

• Examine tuner backs for stamps

• Check screw hole alignment (modern tuners different footprint)

• Verify single-ring Kluson style

Value Impact: Replaced tuners moderately reduce value.

Issue 8: Bridge/Tailpiece Replacement

Original hardware sometimes replaced.

How to Check:

• ABR-1 bridge correct (not modern Nashville)

• Stop-bar tailpiece gold-plated

• Screw holes original (not enlarged or filled/redrilled)

Value Impact: Replaced bridge/tailpiece reduces value.

1968 Gibson Les Paul Custom Specifications

Two-Pickup Configuration Specifications

Three-Pickup Configuration Specifications

Same as two-pickup specifications above with following differences:

Pickup Specifications and Tonal Profile

Pickup Type: Patent number humbuckers or early T-Top humbuckers (late 1968)

Pickup Construction:

• Two coils wound in opposite directions for hum cancellation

• Alnico magnet (typically Alnico II or IV in late 1960s)

• DC resistance: 7.5k-8.5k ohms typical

• Output: Moderate (less than modern high-output pickups)

Patent Number Pickups (Most 1968 Examples):

• Chrome covers with "Patent No." embossed

• Hand-wound with slight inconsistency

• Warm, clear humbucker tone

T-Top Pickups (Late 1968 Production):

• Named for T-shaped bobbin visible when cover removed

• Slightly different winding pattern than earlier PAFs

• Clear, articulate tone with good treble response

Tonal Character:

Two-Pickup Configuration:

• Neck Pickup: Warm, smooth jazz and blues tones, full bass response

• Bridge Pickup: Brighter, more cutting tone, excellent for lead work

• Both Pickups: Balanced tone, increased output, classic Les Paul voice

Three-Pickup Configuration:

• Neck Pickup: Warmest, jazziest tone

• Middle Pickup: Balanced, chimey tone between neck warmth and bridge brightness

• Bridge Pickup: Brightest, most cutting

• Combinations: Multiple tonal options depending on switching configuration

How 1968 Compares Tonally:

1968 Les Paul Custom tone differs from:

• 1950s Les Pauls: PAF pickups in 1950s have slightly more clarity and organic quality vs. late 1960s patent number pickups

• 1970s Les Pauls: 1968 pickups slightly clearer, less compressed than some mid-1970s pickups

• Modern Les Pauls: 1968 pickups lower output, more vintage character than modern high-output pickups

Common Issues and Modifications That Affect Value

1. Replaced Pickups

Most Common Issue: Original patent number pickups replaced with modern pickups (Seymour Duncan, DiMarzio, Gibson '57 Classics, etc.)

Value Impact: Reduces value by 20-35% if both pickups replaced. One pickup replaced reduces by 15-25%.

Why It Happens: Players seeking higher output or different tonal character for modern rock/metal styles.

How to Verify: Remove pickup rings, examine pickups for "Patent No." embossing. Test DC resistance (should be 7.5k-8.5k). Check for routing enlargement.

2. Body Refinish

Value Impact: Reduces value by 35-55% even if professional refinish in correct ebony color.

Why It Happens: Finish damage, wear, desire to "restore" appearance.

Refinish Evidence: Overspray in routes/cavity, wrong finish thickness, no checking, paint buildup in neck pocket.

3. Headstock Repair

Value Impact: Professional invisible repair reduces value by 25-40%. Visible repair reduces by 35-50%. Poor repair reduces by 45-60%.

Why It Happens: Headstock breaks from falls, impact, or storage accidents.

How to Detect: Paint irregularities on headstock back, filler palpable, UV light reveals glue lines.

4. Neck Refinish

Value Impact: Reduces value by 20-30% even with body finish original.

Why It Happens: Neck wear, desire for "faster" finish feel.

How to Detect: Finish thickness inconsistent with body, non-original finish type, overspray in binding.

5. Electronics Replaced

Value Impact: Complete harness replacement reduces value by 15-25% if period-appropriate parts. Modern components reduce by 20-30%.

Why It Happens: Pot failure, wiring deterioration, tone modification attempts.

How to Verify: Pot codes (should be 1967-1968). Modern shielded wire. Modern capacitors.

6. Tuners Replaced

Value Impact: Reduces value by 10-18% depending on replacement type.

Why It Happens: Kluson tuners less stable than modern locking tuners. Players upgrade for better tuning stability.

How to Verify: Modern tuner brands (Grover, Schaller, Gotoh). Screw hole misalignment. Locking mechanisms.

7. Bridge/Tailpiece Replaced

Value Impact: Reduces value by 12-20%.

Why It Happens: Upgrading to modern bridge for better intonation or sustain.

How to Verify: Modern Nashville bridge instead of ABR-1. Non-gold tailpiece. Wrong mounting.

8. Binding Deterioration or Replacement

Value Impact: Severe deterioration reduces value by 10-20%. Replaced binding reduces by 15-25%.

Why It Happens: Binding ages, shrinks, cracks over decades. Replacement during restoration.

How to Verify: Examine binding for shrinkage, gaps, cracks. Replaced binding too perfect, wrong material.

9. Refret

Value Impact: Professional refret with correct wire and preserved nibs reduces value by 8-12%. Poor refret or damaged binding reduces by 15-25%.

Why It Happens: Fret wear after decades of play.

How to Verify: Examine fret ends for nibs. Check wire size. Look for binding damage.

10. Pancake Body (Not Modification, But Market Factor)

Market Impact: Some collectors perceive pancake body as inferior to traditional construction. May reduce value by 5-15% in some markets. Less impact than modifications.

How to Identify: Remove control cavity cover, examine for maple layer between mahogany pieces.

Note: Pancake body was factory construction method, not a modification. Presence indicates 1968 production era but doesn't indicate damage or alteration.

Selling Your 1968 Gibson Les Paul Custom: Your Options Compared

Why Edgewater Guitars Offers Superior Value for 1968 Les Paul Custom Sellers

The Late 1960s Authentication Gap:

Most guitar shops cannot accurately authenticate late 1960s Gibson Les Pauls. The specific knowledge required—volute absence vs. presence, pot code verification, pancake body identification, patent number vs. T-Top pickups—exceeds typical shop expertise. This creates systematic undervaluation.

Example: Three-Pickup Premium Recognition

General shop sees "1968 Les Paul Custom" and offers standard pricing without recognizing three-pickup configuration commands premium. Edgewater identifies three-pickup setup and offers appropriately higher amount reflecting market positioning.

Example: Pancake Body Nuance

Shop sees pancake body, treats as negative without understanding market nuance. Edgewater explains pancake is period construction (not modification), assesses actual market impact (minimal compared to refinish or mods), offers fair pricing.

Example: Patent Number Pickup Value

Shop doesn't verify pickup originality, assumes replacements, offers accordingly. Edgewater removes pickup rings, verifies original patent number pickups, recognizes value, adjusts offer to reflect originality.

The Business Model Difference:

Traditional shops purchase at wholesale (40-50% of market value) to enable retail markup. Edgewater's direct-to-collector model eliminates retail overhead, allowing offers significantly higher (typically 30-40% above shop offers) for same guitar.

Specific Edgewater Authentication for 1968 Les Paul Customs:

1. Serial Number and FON Verification: Cross-reference serial, FON, and production records to confirm 1968

2. Volute Verification: Confirm volute absence (critical 1968 vs. 1970+ distinction)

3. Pot Code Analysis: Verify all pots show 1967-1968 dates or identify replacements

4. Pickup Authentication: Remove rings, examine pickups, test resistance, verify originality

5. Headstock Repair Detection: Professional examination for concealed repairs

6. Finish Authentication: Determine original vs. refinish through overspray examination, UV testing, checking patterns

7. Configuration Verification: Two vs. three pickup, market positioning assessment

8. Complete Condition Documentation: Professional photography, detailed notes

The Edgewater Process for 1968 Les Paul Customs

Step 1: Initial Contact

Call (440) 219-3607 or submit photos. Provide:

• Photos of guitar (front, back, headstock)

• Serial number photo

• Pickup configuration (two or three pickups)

• Condition description

• Any known history

Step 2: Preliminary Assessment

We provide:

• 1968 feature verification from photos

• Volute absence confirmation

• Configuration identification (2 vs. 3 pickup)

• Preliminary authentication notes

• Value range estimate

• Recommendation for in-person evaluation

Step 3: In-Person Evaluation

For valuable examples or those requiring detailed authentication:

• Travel throughout Ohio, Michigan, Pennsylvania, Indiana, West Virginia

• Professional evaluation at your location

• Complete authentication performed

Step 4: Complete Authentication

Includes:

• Serial number and FON verification

• Pot code examination (control cavity access)

• Volute absence confirmation

• Pickup ring removal and pickup examination

• Hardware originality assessment

• Finish authentication (overspray examination, UV testing if needed)

• Headstock repair detection

• Condition documentation with photos

Step 5: Transparent Explanation

We explain:

• Authentication results (confirmed 1968 or issues found)

• Pickup configuration impact (two vs. three)

• Any modifications identified

• Condition assessment

• How findings affect market positioning

Step 6: Fair Market Offer

Based on complete authentication:

• Reflects true 1968 status

• Accounts for configuration (three-pickup premium if applicable)

• Considers originality and condition

• Immediate decision—accept or decline

Step 7: Payment

If accepted:

• Immediate payment (cash, cashier's check, wire transfer)

• Same-day or next-day

• Professional, respectful process

Geographic Coverage

Standard Service Area: Ohio, Michigan, Pennsylvania, Indiana, West Virginia

Extended Travel: Exceptional three-pickup examples in excellent original condition may warrant extended travel beyond standard area.

Ready to find out what your 1968 Les Paul Custom is worth? Get your free authentication and valuation: (440) 219-3607.

Frequently Asked Questions About 1968 Gibson Les Paul Custom

Q: How do I know if my Les Paul Custom is really from 1968?

A: Verify multiple factors together: (1) Serial number impressed on headstock back (six-digit starting with "0" or "5", or eight-digit format). (2) No volute on back of headstock where neck meets headstock—volute appears 1970, 1968 should be smooth. (3) Pot codes showing 1967-1968 manufacture dates (remove control cavity cover, check codes: 137 67XX/68XX, etc.). (4) FON stamped inside body. (5) Features consistent with 1968 (block inlays, multi-ply binding, gold hardware). All factors must align—serial number alone insufficient.

Q: Is a three-pickup 1968 Les Paul Custom more valuable than a two-pickup?

A: Yes, substantially. Three-pickup configuration commands premium over two-pickup equivalent in same condition—typically 20-35% higher value. Three-pickup is rarer, more distinctive, and more directly connected to 1950s Les Paul Custom heritage. Strong collector preference for three-pickup if condition and originality equal.

Q: What is a "pancake body" and does it affect my 1968 Les Paul Custom's value?

A: Pancake body is multi-piece mahogany construction with maple layer visible through control cavity (appears as light-colored stripe between mahogany). Some 1968 Les Pauls have this, others don't—inconsistent during period. Pancake is factory construction method, not a modification. Some collectors perceive as slightly negative (may reduce value 5-15% in some markets), but impact minimal compared to refinishing or replaced pickups. Not a major concern.

Q: How can I tell if my 1968 Les Paul Custom has been refinished?

A: Check for: (1) Overspray in pickup routes and control cavity beyond normal factory spray distance. (2) Paint buildup in neck pocket creating loose fit. (3) Finish thickness inconsistent with period nitrocellulose (too thick or plasticky feel). (4) Lack of age-appropriate checking—55-year-old nitro finish should show fine cracks. (5) UV light examination reveals refinish (glows differently). (6) Color inconsistency under hardware. Professional authentication recommended if significant value at stake.

Q: Are 1968 Les Paul Customs good guitars or should I look for different years?

A: 1968 Les Paul Customs are quality instruments occupying solid position in Gibson history. They represent first full year of Les Paul reintroduction with pre-Norlin construction quality. Not as collectible as 1950s Les Pauls but more valuable than typical 1970s production. Strong player market and growing collector recognition. If you want late 1960s Les Paul, 1968 is excellent choice—particularly in all-original condition.

Q: Does headstock repair destroy my 1968 Les Paul Custom's value?

A: Headstock repair reduces value substantially but doesn't destroy it. Professional invisible repair typically reduces value by 25-40% from all-original excellent condition. Visible repair reduces 35-50%. Poor repair reduces 45-60%. Guitar retains significant value—repaired 1968 Les Paul Custom still worth considerably more than many other guitars. Disclosed repair affects value less than concealed repair discovered later.

Q: What should I look for when buying a 1968 Les Paul Custom?

A: Priority checklist: (1) Verify authenticity (serial, no volute, pot codes, FON). (2) Check originality (original pickups most important, then electronics, hardware). (3) Examine for headstock repair (most common major issue). (4) Verify finish originality (refinish significantly reduces value). (5) Test functionality (pickups work, pots not scratchy, switch functions). (6) Assess condition (fret wear, binding condition, hardware wear). (7) Confirm configuration (two vs. three pickup if you have preference). (8) Get multiple expert opinions before purchase.

Q: Can pot codes alone tell me if my Les Paul is from 1968?

A: No, pot codes provide supporting evidence but aren't definitive alone. Pots manufactured before guitar assembly (parts inventory), so 1967-dated pots in 1968 guitar is normal. Pot codes must be cross-referenced with serial number, FON, volute absence, and features. If all pot codes show 1967-1968 manufacture dates AND other factors align, strong evidence for 1968. If pot codes conflict with other factors (volute present but pots say 1968), suspect misdating or replaced parts.

Q: Should I have my 1968 Les Paul Custom appraised before selling?

A: Professional appraisal valuable if: (1) Need documentation for insurance or estate purposes. (2) Selling via method where documentation helps (auction, high-end consignment). (3) Guitar is three-pickup configuration or otherwise exceptional. NOT necessary if selling to direct buyer like Edgewater who provides own authentication as part of purchase process. Don't pay for appraisal just to sell to shop—they'll set their own value regardless.

Q: What's the difference between a 1968 and 1969 Les Paul Custom?

A: Minimal differences. Both years very similar in construction, features, and specifications. Late 1968 production essentially identical to early 1969. Some 1969 examples show slightly more frequent pancake body construction, but inconsistent. Market treats 1968 and 1969 as equivalent tier with 1968 commanding very slight premium in some circles as "first full year" of reissue. For practical purposes, 1968 and 1969 are interchangeable—condition and originality matter far more than year distinction.

Q: Does Edgewater Guitars buy all vintage Les Pauls?

A: We focus primarily on pre-1980 Gibson Les Pauls including all 1968 examples. We particularly seek three-pickup Les Paul Customs, all-original examples in excellent condition, and quality two-pickup examples. We purchase modified or refinished examples when significant original components intact (original neck, original pickups if possible). Contact us with details of any vintage Les Paul—we'll evaluate and let you know if it fits our purchase focus. Call (440) 219-3607.

Q: Is the 1968 Les Paul Custom a good investment?

A: 1968 Les Paul Customs occupy stable market position with moderate growth potential. They're not "investment grade" like 1950s bursts (which command premium pricing) but maintain solid values and appeal to both players and collectors. Best "investment" approach: purchase quality all-original example, maintain condition, avoid modifications. Three-pickup configuration preferred for investment purposes. However, guitars should primarily be evaluated as musical instruments—investment potential is secondary consideration.

Q: What does "pre-Norlin" mean and why does it matter for 1968 Les Pauls?

A: Norlin corporation (parent of Gibson 1969-1986) acquired Gibson in 1969. "Pre-Norlin" refers to guitars built before Norlin ownership. 1968 is pre-Norlin (built under previous ownership). Some collectors perceive pre-Norlin as more desirable due to connection to earlier Gibson era. In reality, quality differences between 1968 (pre-Norlin) and 1969-early 1970s (Norlin) are minimal—construction methods remained similar. Pre-Norlin designation matters more for marketing than actual quality, but market perception affects values slightly (1968 pre-Norlin has slight premium over equivalent 1970 Norlin-era).

Related Resources

• Gibson Serial Number Lookup Tool — Decode your serial number and identify production year

• Complete Guide to Les Paul Identification — Year-by-year Les Paul authentication across all eras

• What Is My Vintage Gibson Worth? — Comprehensive value guide for all Gibson models

• Gibson Potentiometer Dating Guide — How to decode pot codes for accurate dating

• How to Spot Refinished Gibson Guitars — Complete refinish identification techniques

• 1970s Gibson Les Paul Guide — Understanding Norlin-era Les Paul production

• The Best Way to Sell Vintage Gibson — Complete selling options comparison

• Sell Your Guitar to Edgewater — Start your free valuation process

Edgewater Guitars specializes in purchasing late 1960s Gibson Les Pauls including all 1968 Les Paul Customs throughout Ohio, Michigan, Pennsylvania, Indiana, and West Virginia. For exceptional three-pickup examples in excellent original condition, we travel beyond our standard service area. Our late 1960s Gibson authentication expertise and direct-to-collector business model means we consistently offer significantly more than traditional guitar shops—typically 30-40% higher. Contact us today for your free, no-obligation valuation and expert authentication: [valuation page link] or call (440) 219-3607.