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Neck pickup issue

I've just recently started having a problem with the neck pickup on my Fender American Vintage '62 Jazz Reissue, and I hope somebody can help me figure out what it is.

Every now and then, when I plug my bass in, I find that the neck pickup is completely dead... now for the strange part: if I move its tone control (remember this model has stacked concentric knobs with a volume and tone for each pickup!) all the way to the right, the pickup "magically" turns back on, and is fully functional again.

It doesn't happen every time I play it, but it has on a fairly regular basis since it started happening about a month ago.

Any ideas?