So many things look wrong.
1. Seat stay bent pretty bad. Seat stays are reasonably easy to replace if it couldn't be bent back, some brass filled into a sharp bend.
2. What idjit hacked up the shift lever bosses? Easily replaced.
3. That fork crown looks like it was cracked or badly brazed prior to paint.
Who knows what else? If you were local, I'd say bring it by so I could get a better look at it. Time and time again photos posted here that look really bad turn out to be not so. I'm not sure about this one, however.
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If someone tells you that you have enough bicycles and you don't need any more, stop talking to them. You don't need that kind of negativity in your life.