My dad, a failed guitar player, had a cheap Kent acoustic guitar that I learned my first few chords on, eventually the neck popped off of it from me tuning higher than it should have been Well then for christmas that year, my mom told my dad to buy me a guitar and amp. I got a Teisco Checkmate guitar with a matching little amplifier (in a plastic case). That was equally as bad as the Kent acoustic. The action on that guitar was so high I risked damage to my fingers everytime I tried to play a chord on it.
After that, I took matters into my own hands. I saved up all the money that I could from my caddy job at the local golf course, and bought my first real guitar, a 1959 Fender Musicmaster in Desert Sand, and a Danelectro Cadet amp. I was off and running from there. But even in the early 70's, that little guitar and amp cost me $400.
For nostalgia's sake, a few years back, I bought a 1960 Musicmaster that is pretty much identical to my old '59, and the same DanElectro Cadet amp just to see if I could make music with it, and here's a song I recorded with it.
The Danelectro amp is a toy, but the Musicmaster is really a great sounding guitar, here it is through a proper amp, my Victoria Regal II...