Not sure of the exact age but it's lower end Alvarez... Nothing special at that price and yea, I'd agree that it's almost surely laminate... In general, adjustable bridges are a sure sign of lower end guitars... Though there are a few exceptions out there... The design didn't take well due to poor sound transference to the top. I'd suggest looking for a vintage Yairi vs Alvarez. Contrary to popular belief, Yairi and Alvarez are not related and are totally different guitars... Alvarez just happens to be the distributor for the US market, elsewhere in the world they are known simply as K yairi's... Old yamahas are nice and have great tone (especially the nippon gakki's) but almost all will need a neck reset. They are known for being weak in that area and most often the cost of restoring outweighs the benefits.
[b][color=#FF0000]If your brain is part of the process, you're missing it. You should play like a drowning man, struggling to reach shore. If you can trap that feeling, then you have something.
[/color][/b] [b]Peace of mind. That's my piece of mind...[/b]
