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This guitar is one with a long backstory which you can find online and sadly, not here. The M-77 is a phenomenal guitar at whatever price you are asked to pay. The name Squier on the headstock will temper most expectations but don't be fooled, this is a DeArmond guitar. The only truly negative thing I can say is that it's heavy. Because of this you could make pancakes in the time it takes for a note to decay on this guitar. The tone is pristine and punchy and even all the way up the fingerboard. The stock pickups (Duncan Designed humbuckers) are a fair quality but once I swapped out the neck pickup with a Bill Lawrence the thing came to life in a freaky way. Solid Mahogany set neck and body along with a carved flamed mapel top make for the closest Squier will ever come to being called a work of art. If you ever see one on sale for under $500 do yourself a favor and pick it up.