Yeah, looks like they've stuck a spaghetti-type decal on it, as mentioned by SurroundedByManatees above, which was never used on a Jazz, only P-basses up until the mid-60s transition period.
P.s. as far as I know, it was always a waterslide decal on top of the lacquer until they brought in the TV logo at the end of the 60s, after which they nitro lacquered over the top of it, hence why most well-used late 60s-70s fender headstocks have gone brown over time.