$150 is a nice price for a Value leader and this one looks perfectly fine to me. That pickguard is some kind of a retrofit and the knobs are not original - also the headstock logo may or may not be original.
But you don't buy this type of guitar for its perfect aesthetics or collector value. You buy it to play that swampy backwoods delta blues and make is squawk! Check it out:
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Vintage K Electric Guitar - $150 (SE PDX)
Date:
xmrnk-3489831970@sale.craigslist.org[?]
We have this old K electric semi hollow guitar. with a weird pickguard. pickup works and sounds cool.
$150 with bag
The Twelfth Fret
2402 SE Belmont St
Portland Oregon
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I appreciate your comments but please no commercial links or non guitar related conversations. Thank you. - JC