Rick yeah, it might be worth 500. it has been refinished, though. look at the mustang auction results
LIFE I don't think that's really a '65, actually. It looks to me to have f-tuners, and the headstocks of the earliest Mustangs were a bit of a different shape. Probably a '70s.
Rick yeah, but they changed to f-keys and jaguar necks after august '65. so it could be just late '65