I recently bought 
this Alvarez 5065 on eBay and I'm ecstatic. I collect era-specific Jacaranda Brazillian laminate Venturas, and had to have this as well. All of my guitars are for sale. Bridge had been replaced. It's made by Kazuo Yairi before he had his name in a line of guitars. It also has ebony fingerboard, and is extra special because the serial # is 289. A sure sign of Yairi's involvement in the making, also signed by K Yairi. Very early model. Bought with new Alvarez hard case. Paid a bit over 600 w/ shipping. This guitar speaks amazingly. I sold acoustics in the era '73-81 and have owned 28s, a 41, and about thirty other guitars and this is among the most favored. Plays like butter. Measures about 3-32nds for the low E at the 12th fret. 
Has some a couple of good dings in the top, but nothing I can't live with. Date of completion is right on the label with the serial # : it is 7-7-72. I'm near Boston. Like most collectors, I would sell this guitar, but would require a profit over the 650. Also available, 3 Ventura V-14 (all Ventura w/ "Designed in USA.. Built in Japan" labels. A V-12, all have lots of abalone.. a V-16 Twelve of the right era w/ abalone.. all w/ Jacaranda... and a V-35 w/ Brazillian Jacaranda 3 pc back and abalone even on the back too. All set up professionally and close to 3/32nds at the 12th fret. On the following image, you can see the glitch on the 5065 top, and more views of the 5065. 
Alvarez 5065 /early K Yairi Made & Signed 7-7-72
Vintage Acoustic Guitars For Sale
VENTURA - DESIGNED IN USA... BUILT IN JAPAN
All Vintage Jacaranda Rosewood, Abalone Vintage Models:
(D-41 type fronts)
Ventura V-35 (D 41 type front, plus Abalone on 3 pc braz. lam. back)
Ventura V14 (3 to choose from) Dreadnaught
Ventura V-12 (auditorium)
Ventura V-16 12 string
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