716P Orange Drop tone capacitor - 0.047uF 600V
This is a quality 716P series Sprague Orange Drop capacitor in .047uF value. Audio grade Polypropylene dielectric material provides a smooth, wah type tone with no sonic impurities.
It is in the clearance section as I accidentally ordered the 600V versions. Nothing wrong with that, albeit being overkill for a guitar circuit. But the main reason I didn't intend to order them is because the casing size is pretty large 28mm x 15mm x 8mm. I tend to use small V spec caps as the casing sizes are smaller and easier to fit into more variety of guitar cavities. This will fit within a Strat or Tele cavity though, just be aware the cap visually is bigger than those normally seen. Tonally will sound as good as any other Orange Drop though!
As a rule the general recommendation is .015uF or .022uF for humbuckers, .047uF for single coils, .033uF in traditional Jazzmaster lead circuits and .1uF is a traditional value found in 50s and 60s Fender Tele and Stratocasters for example.
Which is 'correct' so to speak is usually based off the pickup manufacturers recommendations, but you can of course use whichever you choose for the given application. I personally prefer .022uF for both single coil and humbuckers for example, the reason being that a .022uF will 'roll off' less treble than a .047uF, making the pot 'sweep' sound a touch more gradual. A .047uF will be an ever so slightly 'steeper' roll off of trebles but has become the 'standard' often found in Strats and Teles with Single coils. The .015uF is also an interesting choice for Les Paul players looking to achieve that Eric Clapton 'woman' tone you hear so much about. It's personal preference, but first port of call would be to check out your pickup manufacturers recommendation and go from there. For reference, all McNelly Pickups are recommended to pair with .022uF capacitors. Hope this helps!