This is a rarity, as they were only made in 1998.  An L5 Studio, carved cousin of the pricey L5-CES.  This one is in ivory, with nickel hardware.  Dual humbuckers, probably classic 57 pups.  Floating bridge, with an ABR-1 saddle.  Hollow body.  Ebony dot fretboard.  Embossed headstock.  Some pink bleeding from the shroud into the finish around the bass f hole. and plays like butter.  No breaks or repairs.  One or two dings, with some finish checking.  The back arched plate is virtually free of buckle rash.  Condition is Excellent for 20 year old piece.  The pickguard is impossible to replace, and is rarely in this mint condition as they emit gas over the years and deteriorate.  This one is perfect.  See photos.