How is the Natural Wood Binding done?

The standard option is called "Natural Wood Binding". G&L describes it as:

Natural Wood Binding is an uncolored clear band of finish around the perimeter of the front of the body.
The effect is particularly stunning on instruments with maple tops. Not available with Blackburst, Blonde,
Butterscotch Blonde, Lemon Drop, Natural, Vintage Natural finishes.

Here is how it is done:

Taped before color coat, do the color, remove tape, scrape natural area to dial it in, spray clear coat over the whole body.
It just takes time to do it well.

See this post for examples of Natural Wood Binding: Examples of Natural Wood Binding ....