How Much Was a Martin D45?

In the year 1938 a brand spankin' new D45 would cost the princely sum of $200, however, even if you wanted one they weren't that easy to find even then, with a total of only 9 being made in that year. Now they are even harder to find and could run in the neighborhood of $125,000 or even more. The D45 was introduced in 1933 and finally merited a first mention in the 1938 Martin catalogue with a one-line description as “a very handsome guitar.”