You are probably referring to the logo on the headstock saying Kay (with 1969) below. This refers to the Kay brand being relaunched in 1969 after being brought by and manufactured in the far East (Tawain). The Original Kay brand was made in USA and are highly regarded. The relaunched 1969 version are low cost, and low quality.
The KB24 made in Tawain, looks good but is very heavy. I had one and was always fighting it to play, never again! Sold in Woolworths - tells you all you need to know!