This Leo Fender guitar is equipped with a single Magnetic Field Design pickup which employs a ceramic magnet rather than the more traditional AlNiCo magnets. This gives it a much fatter and louder sound than a Telecaster or Esquire. It is a tone monster! It plays great and sounds fantastic in open "G" tuning. Leo and company only built 250 of these. It looks pretty mild, but it is a total rock machine. It has had some rough wear which only adds to it's cool factor. Comes with a non original Fender hard case $895. I understand that "The Boss" has a few of these.