Hi Joe,
Nice looking guitar!
It should be pointed out, though, that an actual 1934 Gibson L-5 would have a marker on the first fret as well..........
Nobody ever accused Gibson of paying attention to small stuff like that, of course.
Yours is actually closer to a 1929 except that the tailpiece was different. The strings went in underneath facing away from the neck and then wrapped over towards the bridge, etc.
I own a 1927 Gibson TGL-5 (TG=Tenor guitar) that was renecked at Gibson in 1933 as a six string, thus it has the marker on the first fret as well.
In any case I'll bet you're enjoying making music with it!
Use it in good health!
Regards,
Howard
See and hear mine at 3:40 mark of this video:
http://www.youtube.com/watch?v=K6Gho...eature=related