For years I thought this was an L-00, but recently I was corrected on this and was told it is actually an L-1 based on the binding on the back. It has a huge sound, much different from the other L-00; not better or worse, it is just a different beast. It has a nice V-neck, no cracks, original Brazilian Rosewood bridge, nice sunburst. It had an elevated fingerboard, from the 14th fret to the end of the fingerboard. This was a bad design, and no one knows why they made some this way. This feature caused neck and action problems requiring neck re-sets. In 2012 I had the fingerboard 'de-elevated'. It plays great now and sounds way better than before.
This beautiful shaded top guitar sat in its case for most of the first 17 years I owned it. The neck was unsuccessfully reset twice before I gave it to Aaron Thomas. Lucky for me, in 2011 I met Aaron, an excellent luthier and repairman. He specializes in building small body guitars and does exceptional repair work. I have played some of his custom guitars and they are great instruments. After telling him my story about the neck problems he said the only sure fix was to eliminate the elevated fingerboard. This oddity was used by Gibson on some, not all, L-00s in 1933 and 1934. Aaron simply removed the wood that supported the last 6 frets, from the heel to the end of the fingerboard. This brought the fingerboard down flush with the top like any 'normal' guitar. After doing this, as you can probably visualize, the heel was too long; it extended below the back of the body. So he shortened it, replaced the ebony heel cap, and did a neck set. What a great fix this is. This guitar is bigger and louder than even my Martin 00-21. And now that it is getting played a lot, it has settled in, found its voice, and is getting better and better. Now I have a hard time putting it down.