I would guess this is a light relic as opposed to a closet classic finish. It's hard to say as Fender is constantly changing the names of things. The Closet Classic finishes used to be light finish checking only. The term Closet Classic was also a term used for the Time Machine series of relic FCS instruments. graphics1988's bass is a Postmodern Bass a Journeyman Relic. It has the forearm wear which would have been a little more than one would expect on the Time Machine series Closet Classic finish.
FCS calls the Postmodern Bass a Journeyman Relic. All examples on the FCS website show the bass with finish checking, light pitting and dings in some cases to the wood. Nothing as heavy as the forearm wear to the finish as we see in graphic1988's bass.
So what does this all mean? Just more inconsistencies in products. I dont 'say this to take anything away from the FCS. They make great products, IMO. However, it does make it difficult when trying to describe their products such as saying the Journeyman Relic finishes are like the Closet Classic in almost every example you see, and then you find an example with forearm wear.