<img src='https://images.gibson.com/Lifestyle/2017/Gibson-L-00_ttt.jpg' alt='Vintage Guitar Revisits Classic Gibson L-00 Acoustic’ align=”left” border=”0″ />At $27.50, the Gibson L-00 model acoustic was the least expensive guitar offered by Gibson when the instrument was first introduced by the company back in 1931, Vintage Guitar points out.