In 1997 Yamaha launched a new production run of 2 SGs the SG700S and SG500B. Two very different guitars. Production of these continued
until around 2003.
| SG700S | SG500B | |
| Body | Mahogany Single Bound | Mahogany Single Bound |
| Fretboard | Rosewood Block Markers 350mm radius | Rosewood dot markers 350mm radius |
| Neck | Set Mahogany | Bolt on Maple |
| Headstock | Black large thistle logo unbound model on trc | Black large thistle logo unbound blank trc model number on reverse |
| Tuners | Yamaha Diecast Gold | Yamaha Diecast Chrome |
| Pickups | 2 Yamaha uncovered Alnico V Humbuckers | 2 uncovered unspecified Humbuckers probably ceramic |
| Controls | Amber spedial 2V 2T push push coil split 3 way | Amber speedial 2V 2T no coil split 3 way next to controls |
| Hardware | Gold | Chrome |
| Bridge | T-O-M with stoptail gold | T-O-M with stoptail Chrome |
| Pickguard | None | None |
| Colours | Brown Sunburst, Cherry Sunburst, Transluscent Greenburst or Black | Cherry Sunburst Goldtop or Black |
| Made in | Japan | Taiwan |
Very much an SG in the tradition of the SG2000 and others made in Japan and looking like it's predecessors
Not such a traditional SG having a bolt on neck, the 3 way near the controls and being made in Taiwan. Nevertheless this is a good looking quality guitar.