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New to Me...4001 Day!

With a capacitor in place, it bleeds off the bottom end. Bypassing it restores the bottom end to the pickup and gives it full range. In my humble opinion, it sounds much better this way, especially when soloed!

But make sure you snip the correct cap. There are three in the circuit.
 
You don't want to "snip" the cap, you want to "jump" it.

"not sure if my burgundy glo is a 1 or a 3 ??? early 80's.. also have a midnight blue 2012."

If you can determine the date of manufacturer, that would help. Also, if it has the "skunk stripe" from the early '80s, it's a 4001. No skunk stripe from the early '80s, it's a 4003. Also, the early '80s 4003 would have a split pick guard and the hairpin truss rods with the adjustment nuts on the body end of the neck. The 4001 from that time would have the adjusters at the headstock. Got photos?
 
Thanks, but no, I don't have it back. I sold it in 2011to a TB member, who had it stripped and totally restored. It looks brand new, these days. :crying:

Post from the past! Did that little gap between the tail of the bridge and the body ever increase, or did it stay the same the entire time you owned it? I have the identical gap on my new (2018) 4003. The experts around here assure me it's "body dive" and I tend to believe them. Especially since one wrote a book on Ric basses. I'm not stressed about it, just curious, and asking you because my little gap is identical to yours.
 
This bass is the best advertisement I've seen recently for NOT buying an artificially Relic'd bass, no way to fake that kind of honest wear in a way that isn't fundamentally cheesy. Somebody loved that bass, and played the daylights out of it. Hope you do the same, and for a very long time.