So my dad wants to get into some acoustic guitar recording, and I'm curious what the best microphone is for the job? I'm looking for a reasonably priced microphone (~100-200$) that can record guitar, and still handle vocals as well if he decides he wants vocals too. I've heard that the Shure SM58 is a good all around microphone, but are there better options out there? How do condenser microphones hold up to acoustic guitar (and other acoustic instruments for that matter)?
P.S. Dynamic mics still need a pre-amp, but don't need phantom power right? What if a dynamic mic runs through a pre-amp with the phantom power on?