Tolex sides are kinda cool, take a look.at some pictures of old Danelectros, maybe you can see how they handled the transition from side to top. Looks like the tops overhung the sides just by the thickness of the tolex, I dont see any binding holding it in image search. Maybe hunt a few Danelectro threads on TB. I've only done binding in white or cream celluloid and ABS plastic, which has the admirable quality of being easily glued on with acetone, which can also be used to melt small binding shavings into a color matched goop that can be troweled into minor gaps to hide all sins. That body shape should bind without much trouble, but you need a bearing guided binding slot cutter as sold by Stewmac or LMI. Typical ABS binding is sold in .040" or .060 thickness, so you need the correct bearing to match. Any of it needs to be scraped flush with top and sides, not sure how you'd do that with Tolex. Aluminum would be a huge PITA, but I suppose its possible with a thin strip of modelers or hobby store flat metal. Youd have to find a piece long enough to do the whole guitar in one piece. The chromed bumper trim looks intriguing, but I dont know how well it glues or bends to a curve as tight as a guitar horn. Science! Apparently Gretsch did it on some their older guitars, the Silvertone Esplanada model. It looks suspiciously like automotive bumper trim!
Silvertone Espanada - Aluminum Binding : Other Guitars : The Gretsch Pages
Yep, what @Gilmourisgod said. I really have nothing of further value or interest to add. Just happy to be here.

