I have owned expensive guitars that have increased in value over the years which can be a good investment. I have recently sold these as my playing ability has been reduced due to many chemotherapy treatments causing nerve damage in my hands and feet.
My final purchase was an 000 size ROH-05 B stock for $119 with free shipping. I looked to see why it was B Sock but could not find any scratches, dings, etc. I then double checked the color and realized it was 2 Tone Sunbrust instead of 3 Tone. It was easy to play and sounded good so I was pleased. I "blinged" it up with a martin style pickguard, bridge pins and some fancier decal inlays. The decals are supposed to leave no residue if removed. I looked for B Stock but avoided any with cracks or more serious issues.
Recording King Guitars in the 1930s and later were sold by Montgomery Ward. Many of these guitars were made by Gibson. Today the Music Link sells Recording King as well as guitars with the Loar label. The instruments are made in China but are very nice Travel Guitars that you don't need to worry much about.
Here is are links to the Recording King Website http://www.recordingking.com/
and the Loar Website. http://www.theloar.com/