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So, you can't afford that '54 Strat, or that '64, or even that '74 for that matter.

Your last chance to own a vintage Fender Stratocaster is with the guitars of the late 1970's.

Some might go by the pot codes, but those could have been stock a year or more old by the time they were put into the newly finished guitar.

Or perhaps the guitar was even assembled by various parts picked up over the years and is being passed off as "All original".

While the brand has produced its share of innovative designs over the past 25 years, its main focus and most successful approach has always been to be the "value brand" alternative to its big brother, Fender. Fender entered the picture in the 1950s, when the V. Squier Company began supplying Southern California inventor and businessman Leo Fender with strings for his unusual new electric guitars. By the mid-1970s, the Squier name was retired as the strings had taken the Fender name.

Meanwhile, as the flood of Asian Fender copies surged over Europe, Fender sought a competitive low-cost alternative.

First four digits are paired up, 09 is the model number for the Stratocaster, and 00 is the neck configuration, in his case a fretted Maple neck with a Rosewood fingerboard. 38 is the week, 9 stands for the year, 1979, and 3 is the day of the week, which is Wednesday.

The '*' represents a middle digit that is either an 'X', a '-' or something that resembles a '1/2' or '1/4' fraction.

To maintain and control costs over the years, Squier instruments have been produced in several nations, including Japan, Korea, India, China, Indonesia and Mexico. He moved to Boston in 1881, where he built and repaired violins with his son, Victor Carroll (V. To this day, their violins are noted for their exceptional varnishes, and they command high prices as fine examples of early U. In the 1930s, Squier began making strings for the era's new electric instruments; the company also sold pianos, radios and phonograph records until divesting itself of all string-related products in 1961. Squier Company became an official original equipment manufacturer for Fender in 1963, and Fender bought the V. Squier string company in early 1965 shortly before Fender itself was bought by CBS in May of that year.

When Squier versions of these instruments appeared, demand for them as the "official" cost-conscious alternatives was immediate, and a brand name was reborn. B." Squier, a young English immigrant who arrived in Battle Creek, Mich., in the latter part of the 19th century, was a farmer and shoemaker who had learned the fine European art of violin making. Squier violin, banjo and guitar strings became well known nationwide and were especially popular among students because of their reasonable price.