Dallon Weekes is playing a Fender Classic '70s Precision Bass guitar in this photo on the /fenderartists Instagram account. You can tell by looking closely at the headstock, it says "Fender PRECISION BASS." The block inlays give it away as the Classic '70s Precision Bass model. It has a maple fingerboard, olympic white finish. Photo is captioned, "Panic! At the Disco’s Dallon Weekes. Photo by Eric Fairchild. #fender"more
In my opinion, there is nothing quite like a Fender Precision with a maple neck and fretboard. The block inlays and slightly tighter neck (closer to a Jazz than most beefy P-basses) make this THE Precision for me. Combine those qualities with the handy thumb anchor and the three-tone sunburst and this is pretty perfect.