I have been doing the vintage road bike thing for about twenty years now. I have given or tossed items that I thought would never have value. I was so wrong! Though the saddle looks bad it just might fit (pardon the pun) somebody's needs, somewhere, someday. The saddle does not take up much storage room and, with that in mind, I would be tempted to just put it away, just in case. You can pitch it, or give it or sell it anytime.
These days, though I have little room to store things, I still do not pitch too many things, unless they take up too much storage space. A saddle, I keep, even a damaged and very entry level one...
Complete frame/fork set sometimes, if I cannot find someone who wants such a set, get fed to the local landfill site, this Santine ff being the most recent "I can't find someone who wants it" item so it got pitched (I kept the component group, including the wheels which are now temporarily fitted to an early sixties Torpado Professional). Anyway, the dumped Santne...