ger ▁( owner ▁of ▁Ib ane z ) ▁over ▁tra dem ark ▁in fr ing ent ▁in ▁ 1 9 7 7 . ▁ ▁History ▁ ▁The ▁Pen co ▁brand ▁was ▁of ▁relatively ▁high ▁quality . ▁Their ▁ac oust ics ▁were ▁usually ▁but ▁not ▁always ▁made ▁with ▁l amin ated ▁back ▁and ▁sides ▁and ▁often ▁l amin ated ▁to ps . ▁Pen co ▁made ▁Martin ▁and ▁Gib son ▁style ▁ac oust ic ▁gu it ars . ▁Re verse ▁engine ered ▁and ▁built ▁to ▁spec , ▁Pen co ▁produced ▁some ▁of ▁the ▁closest ▁rep lic as ▁of ▁the ▁Martin ▁D - 2 8 , ▁D - 4 1 , ▁D - 4 5 , ▁and ▁D - 4 5 ▁ 1 2 ▁models ▁in ▁existence ▁today . ▁Pen co ▁also ▁made ▁b olt ▁neck ▁copies ▁of ▁Gib son ' s ▁Les ▁Paul ▁and ▁S G ▁gu it ars ▁and ▁bass es , ▁R icken back er ▁ 4 0 0 1 ▁bass es , ▁F ender ▁Str at oc aster / F ender ▁Tele c aster ▁copies , ▁F ender ▁Jazz ▁Bass ▁copies ; ▁and ▁the ▁odd ▁mand olin ▁and ▁ban jo . ▁ ▁They ▁also ▁made ▁ 1 2 - string ▁ac oust ic ▁gu it ars . ▁The ▁Pen co ▁brand ▁was ▁also ▁put ▁on ▁" law suit " ▁Kor ina - fin ished ▁Gib son ▁Explorer - sty led ▁gu it ars . ▁These ▁were ▁identical ▁to ▁the ▁Ib ane z ▁Dest roy er ▁and ▁the ▁Gre co ▁Dest roy er