That's seriously overpriced. The ONLY cool thing about that bass is flowerpot and case. There's a reason they weren't made that way for long. Two years of production for a bass at Gibson is what, 50 or 60 instruments? (I'm ALMOST being sarcastic.)
Why so harsh
- there is nothing wrong with those basses at all if the shape is not too guitarish for you. And this particular model only tested the market (gibson was sceptical at the outset and toyed with the idea of bringing out a doublecut instead) initially to eventually blossom into three versions, all of them active initially to court then perceived prevailing tastes: LPB-1/Special, LPB-2/Deluxe and LPB-3/Standard before towards the middle of that series' life cycle they first faded out the Deluxe and then the Special, reverting the Standard to passive for a couple of more years. Towars the very end of the cycle, the LP Faded was basically the initial model (ie passive) again, sans inlay, and with 2+2 controls, ABM bridge and the soapies slightly more upfront. Those sound near identical to the first ones. The single cut LPs went then dormant for a while until the three pup BFG version brought them back for a short time only to pave the way for the oversized body versions that they still produce today though the "Oversize" moniker has meanwhile been dropped (with the body extension retained).
All in all, the Phl Jones spawned long scale LP series has been a longstanding model and - for Gibson standards - a consistent seller. And hardly anybody is ever less than satisfied with the sound of these basses which give you a maho tone that's more ballsy and focused than, say, a TBird though the high register experience is of course not the same.