I agree with all the comments on authenticity, parts, etc. Unfortunately, there's virtually no vintage market for the "student model" Fenders, no matter how old they are. I rehabbed a similar vintage Musicmaster, but I didn't love it till I swapped the original, anemic single coil pickup out for a Dimarzio Fast Track 2 Strat pickup. Great combination. However, all that said, a Mustang is effectively the same short scale neck and alder body, but with better bridge, tuners and pickup. It's a better value and you don't have to do anything to it.