Huh?
Quartersawn is a way of cutting, not a species. It's also only found on the custom shop models from Fender, at least as far as I can tell.
Quarter Sawn Lumber
Quarter sawn lumber is perhaps most famous from Oak. The ray flecks that are revealed when quarter sawn, are a prize for many furniture craftsmen (and craftswomen). Besides Oak there are a handful of other species that display a unique appearance when quarter sawn. These unique features are usually only displayed on a quarter sawn board.
But in a production environment, beauty is cast aside for more yield from a log and more production in less time.
This is the main reason why you pay more money for quarter sawn lumber. If it takes longer to saw a log and produce less board footage while creating more waste the company will have to charge more money to make up what they lost production. The secondary reason for higher prices are because craftsmen like us will pay more for this lumber, so that we can take advantage of it's character and better properties.
"There is more than one way to skin a cat." as the saying goes. Well, there is more than one way to quarter saw a log also. I will just quickly explain one technique, because all the details of sawing logs to lumber can fill a book or two.
This is the most common way of quarter sawing that I have seen. The first step of this method is to quarter the log (see figure 2). Then each individual quartered section is placed on the carriage in a position so that the annual rings of growth are as close to 90 degrees perpendicular to the face of the boards as possible.
The grain on the face of a quarter sawn board will be tight, straight, parallel lines running the length of the board. And if the rings are very close to 90 degrees from the face, then the famous ray flecks of Quartered Oak, we be proudly display along the face of the board.
One other technique involves re-adjusting the quartered section after each board is sawn. This way they are taking a board then a small wedge shaped slab, then another board and so on. This way the rings are always 90 degrees to the face. But there is a tremendous amount of waste created.
http://www.allwoodwork.com/article/woodwork/plainorquartersawn.htm