It's cool to see one of these basses with "vintage mojo". I haven't seen many non-classic Fender models with it, and it is quite attractive with this one. That has to be part of Fender's enduring appeal - its instruments age well. They look good pristine, they look good beat up. More advanced/elaborate basses often don't look nearly as good with any wear at all.
Most of what I see there doesn't seem like a big deal. I can't tell for sure what's going on at the base of the neck, though the bit next to the pickguard screw by the upper horn looks more like missing finish than missing wood - like the gloss has somehow chipped off the rest of the way up the neck heel. Hard to say what's going on without more pics or a pic with the neck off. Others may disagree, but I've never been that concerned with a side gap in the neck pocket - there's not much possible contact there to begin with, and I've had guitars that sound great with or without a little gap there. To my eyes, this gap looks normal and benign, with no sign of it being the result of missing wood.
It may just be my preference, but I look to how clean the back of the neck of a guitar is. I think there's not much reason for damage there except for pronounced carelessness/neglect. Bodies & headstocks, not so much - I take very good care of my basses, but some have invariably suffered a ding or worse at either end. (Is that a cigarette burn on the headstock of this one? Was someone trying to be Keith Richards?) Overall, this looks cool to me, I love the color of the fretboard wood, and the wear makes it look less like a "muso" bass, in a good way.
