This one came to my door yesterday, 1981 model born the same year as yours truly. There are so many tones in this bass that I am still trying to find out what I like best. So far, bridge pickup soloed, with the tone rolled off just enough to kick in the humbucker is my favorite. Its going to get a set of Dr SS Lo-Riders, and a full set up tonight. Possibly some fretwork this weekend.
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Did the natural finish T-40s have a matte finish? The finish on this one looks to be in pretty good shape, a few dings, but not bad for a 32 year old bass. but its not glossy at all. If its supposed to be like that I wont worry about it, if not I might take it apart and spend some time with it on my buffing station.