- V-shaped five-piece laminated walnut/maple body with sculpted edges, five-piece laminated walnut/maple neck, 22-fret ebony fingerboard with pearl dot inlay, rounded V-shaped black headstock with inlaid pearl Gibson logo, black truss rod cover with "V2" logo, and three-per-side metal tuners, tune-o-matic bridge, STB V-shaped metal plate tailpiece, blackface peghead with pearl logo, "V 2" engraved on truss rod cover, small layered black pickguard, 2 V-shaped "Boomerang" humbucker pickups, three knobs (two v, master tone) mounted in a slight offset line, three-way pickup switch, jack on edge of body, gold hardware, available in Natural or the following custom colors: Black, Black Sparkle, Blue Sparkle Metallic, Candy Apple Red, Cherry Sparkle Metallic, Goldburst, Silverburst, Sunburst, or Pearl White finish, 157 shipped in 1979 (production totals unknown between 1980 and 1982), mfg. 1979-1982.

Gibson used a five-piece laminated body and they used both walnut and maple for tops, but after walnut tops proved to be more popular, they finished many of the maple top guitars with custom color finishes. Towards the end of the production run in 1982, regular exposed humbucker pickups replaced the V-shaped "Boomerang" pickups, the pickguard was removed, and a gold decal logo was introduced. Gibson offered a promotion where the owner could get a personalized truss rod cover.

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