This is a vintage 1973 Fender “Competition Stripe” Mustang electric guitar. This particular example, serial number 510337, is in very nice vintage condition and includes an original “salt and pepper” case! The Mustang was originally introduced as a mid-line model between the student grade Duo Sonic, and the professional Telecaster. The Competition-stripe series is definitely Fender’s most interesting with respect to paint and finishing practices, which feature a 3-band racing stripe along the lower bass-side bout, have since become very cool and collectible models.
Serial Number: 510 337 (F plate)
Potentiometer Codes: 137-7343
This Competition Red Mustang features: exclusive Fender off set contour design, the original “Competition Red” finish, a maple neck with a rosewood fingerboard, (2) high fidelity grounded pickups, Fender floating bridge, “F” style tuning machines, 24″ scale, (2) string trees and an original hard shell case.
While this guitar looks quite presentable from the front, and remains miraculously un-faded, it does have the typical finish degradation on the back side of the cutaway horn. Other than the area of wear/missing finish, the guitar is very nice, with no other significant issues. The neck is straight, the action is low, and playability is quite comfortable. The frets are intact, and an imminent fret-job is nowhere in sight. As you can see from one photo, the frets are almost perfectly intact with no serious wear.
Both pickups are original and sound great, but one pot appears to have been replaced. Otherwise, the guitar is 100% original. It is also missing the original tremolo arm, but a replacement can be purchased for under $25 online fairly easily.
This guitar is great for the player who prefers an investment-grade instrument over a money-pit project. It can easily be restored to 100% all original condition with a couple of extra bucks, and will resultantly be worth ever more.