This is a very nice example of this not very commonly available guitar. All S Yairi guitars were limited supplied as he remained a small hand made operation to the end. The high cost of quality materials and assistants combined with low production at low prices (he was not in for the money) probably was the main cause of him going out of business. This model was sold by Yairi's distributer, the Philadelphia Music Company in the mid 1970s. I have a price list from 1976 printed by the PMCo. with this guitar listed at $270 plus $50 for this alligator simulated leather case. That's equivalent to $ 1700 in today's prices. Beautifully grained woods that are only available in guitars made today that sell in the thousands of dollars.There is also some marbling or cracking of the varnish finish on the sound board, but this is cosmetic and the wood itself is solid with no cracks.The only issue is a slight hairline crack by the sixth string tuner on the head. I bought it this way on-line and it was not disclosed to me by the seller at the time of the sale. Looks like the tuner was replaced with a newer but vintage tuner because it just looks too clean. In doing so, the new and longer screws were probably tighten too much--just a guess on my part. A guitar repair shop could fix this without breaking the bank. It has no impact now but can grow as wood is prone to do this with changes in temperature and humidity. Look around in Ebay and other sites and you will not find another one anytime soon especially in this condition.I love this guitar but I have a K Yairi mahogany classical and I cannot afford to keep two in my collection. Will only ship to lower 48 states and may ship via UPS.Thanks for considering this fine guitar