I have one! It arrived in our family for Christmas 1966 or so. This was one of the guitars I learn to play on back in the day. Considering this was a gift for an 8 year old kid, I doubt my parents paid much for it back then, and even if it was in mint condition today, I would only expect it to be worth only $50 to $100 at best. This one’s had a lot of miles and abuse on it, but it still plays and sounds surprisingly well. It’s valuable to me only because it’s packed full of memories.

A name used by Terada of Japan, who now make Gretsch Pro-Line stuff. The name was used mainly in the late firties and early sixties.

Hi Keith i think i may have the same guitar it is a thin body archtop with f hole however they are circular holes at the ends of a cutout. And inside the left one is the sticker morena instrument co .new style . Unfortunately i have only been able to find out very little about age origin etc .

I just paid $25.00 for it at an antique store. I really have no clue who makes them. I am cleaning and restringing it as we speak. I don’t expect to much from it. I just thought it was cool looking reminded me of the old Kay guitars Sears used to sell in the 50’s and 60’s. It has a steel reinforced neck but no truss rod. lol

: I bought a Morena nylon acoustic guitar in France some 30 years ago and still play it all the time. It certainly doesn’t sound like a "low-end" guitar and in fact has a beautifully rich and balanced tone (which has def improved with age). : Hope this cheers you up!!

: Have splendid Morena Soprano Ukulele…Would be most grateful for any information on maker or origin ?