5.0 Joe,
This a Time Caster Model TC-1 from around 1984-86. It looks used! It could use a little love...
The TC-1's had a single Humbucker with a volume & tone. This one has been altered with different pickups [with rings] and switching. The Kahler has a locking nut which I had completely forgotten about.
The color is a purple which we first produced for Paul Devlin's Time guitar arsenal. He had several Time's in this color. It was kind'a his trademark. Paul lived in Venice beach, CA. All his guitars were stolen about 25 years ago. His Time Caster was a TC-9 with all the candy. I'm sure if he saw this guitar, he'd want to buy it in a heartbeat!
As far as worth... I haven't seen enough Times for sale to know the market value. Sorry...
Thanks for the pics,
Chris