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Precise Models 1:40 scale General Dynamics USN F-16 Falcon display model RARE!!!.
The Navy of course did not buy the F-16, so guessing this was produced during the sales effort. It appears older and has some wear damage that could be easily repaired if desired.
I have looked and so far been unable to find another like it or anything on why it was produced. I strongly doubt it is the only one in existence, but probably one of very few.
The tail has a Fighter Weapons School logo, so maybe these were marketed as adversary planes for Top Gun?? Not sure but a possibility.
Absolutely no idea what to price it at, please feel free to make offers. Thank you!