Well that frame and paint is a lot worse than expected still a great frame set worth some effort as is I would say $250 even with condition rust issues. Really nicely cleaned up ready to ride $500 or so the paint and rust are going to really hold down the price on this one unless you do a lot of work likely full strip some frame work and full repaint which would run $500-600 then you could $1200 or so good news is you can't really loose money on this one so go nuts on the rebuild.