Senior Member
Join Date: Nov 2014
Location: Saratoga calif.
Posts: 1,049
Bikes: Miyata 610(66cm), GT Vantara Hybrid (64cm), Nishiki International (64cm), Peugeot rat rod (62 cm), Trek 800 Burning Man helicopter bike, Bob Jackson frame (to be restored?) plus a never ending stream of neglected waifs from the Bike exchange.
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Personally I suggest you buy this for it's uniqueness and mystery and no other reason. Pay what you want realizing it probably will have no value as is and limited value if you fix it up.
Things like that are intriguing and can be fun to play with if you like solving puzzles. I once bought a Maserati 3500 GT that had been sitting in the parking lot of a gas station for 10 years with the windows rolled down . I spent 7 years restoring it myself doing all my own work and when I sold it I figured I made $2/ hr for my time. I enjoyed it. Would you enjoy owning and fixing this up? If so , go for it. Just don't complain when you run into trouble . That is half the fun.