The Standard featured a 2-piece bookmatched maple top with cherry sunburst finish and mahogany back and neck; two humbucking pickups; stop tailpiece; stop tailpiece; rosewood fingerboard with trapezoid inlays; pearl Gibson logo on head; silkscreened 'Les Paul' signature and 'model' on the peghead; Kluson Deluxe tuners; no serial number; nickel plated hardware.
Like other Les Paul single-cutaway models, this body style was replaced by the SG-style double-cutaway body toward the end of 1960.
Only around 1,500 examples of this particular model were manufactured.
The most famous exponent of this guitar is probably Jimmy Page of Led Zeppelin, who was influenced to purchase it by bluesman Mike Bloomfield's use. Eric Clapton also switched from his then-goldtop Model to a sunburst Standard around 1966.
Value: (Please see notes below for caveats.) Values for this guitar can be highly speculative. Excellent-condition models with spectacular sunburst patterns, with all-original hardware and retaining the original case, can bring between $150,000.00 and $350,000.00.
Note: The aesthetic beauty of the sunburst pattern on these guitars largely influences the higher-end prices paid for some particular examples. There is a great deal of esoteric terminology surrounding the attempt to describe such a pattern, including 'medullary grain' and 'receding red aniline.' Ultimately, of course, any buyer willing to pay six figures for a vintage guitar will have to hold the model in his hands and judge it on its own merits. While the high prices noted above represent documented sales, it is of course ultimately up to the purchaser and seller to agree to a price.
Note also that some circumstances traditionally detract from this guitar's value, including: fading of original color (10-15% discounted); factory Bigsby tailpiece (subtract about 10-15%; only about 15% of models came with this); lack of an original case can subtract $1,000.00 to $3,000.00.
Models with larger 'jumbo' frets can increase the value by up to 10%.