Excellent + condition, the original P1 mahogany/cedar, a couple of pick marks the only flaw.
Has the gig bag in same condition.  Email or pm if interested.  The last couple of weeks on ebay these SOLD:

Tacoma Papoose P1 Travel Guitar Free Ship w/ Buy it Now
BuyItNow   $380.00    $40.00   Oct-14 10:10

Awesome!!! Tacoma Papoose Small Acoustic Guitar w/Case
7   $330.69    Not specified   Oct-12 12:39

Tacoma Papoose- Acoustic Electric- EXCELLENT Condition
BuyItNow   $335.00    Calculate   Oct-10 13:03

Tacoma Papoose Travel Guitar/Gig Bag - Free S&H Lightweight Travel Guitar
19   $370.00    Not specified   Oct-09 08:28

Once again, it's in excellent + condition, the bridge and top are solid as a rock which would be the issues with this little ditty.