The antecedent to it is " guitar ".
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
TakaSo do you think "this" points to a particular guitar in the person's mind and doesn't imply physical proximity?It could be either. The only way to tell is from the context. Most often, it is physical proximity.
TakaI wonder what kind of situation this person could be in...My interpretation of the context is that the speaker has been talking (musing, reminiscing) about a particular guitar, and it is lost or otherwise gone. It is pure nostalgia.