The 120th Anniversary inlay is a weird thing — as can be seen in EdwardofHuncote’s picture above, it’s actually not a bad looking inlay in of of itself. It’s even kind of classy looking almost (the font could be a little thinner, I think, but overall not too bad). And yet, it kind of bothers me when I notice it. Fortunately, I don’t usually notice it or think about it, but when it catches my eye, it’s just like a little momentary “What the ?" is generated for a second before my attention moves on, lol.
Thinking about it, they should have released 120th Anniversary special editions of various models as collectibles, maybe with like Orville’s likeness engraved on the pick guard cover with a quote from him such as, "We will sell no mandolin before its time" or "It comes in any color you want, as long as it’s sunburst" or whatever. But instead, they threw it on every single thing they made that year (maybe not every item, but it was seemingly on everything), right out front there on the 12th fret. It doesn’t enhance the value — nobody is gonna spend extra on it because it’s a "120th Anniv. edition". There was no extra added feature or quality. Gibson threw it on there to celebrate themselves and their history. They did it for them, not for the customer.
In contrast, I actually liked my old Les Paul Deluxe’s 30th Anniversary (anniversary of the LP Deluxe, of which it was in fact a special reissue of what had been an out-of-production model) badging. It was on the back of the headstock, so it was like this little special extra thing about it when you turned it around.
Anyway, no biggie on the 120th inlay; it’s just makes me cock my head a bit when I notice it. But whatever, despite this long post, it’s actually not a big part of my impression of the bass. Just like when I bought it, I gave the inlay a momentary, "huh?" and then moved right on in my inspection and then bought it.
Here’s a picture of the Deluxe’s anniversary thing: