a pretty stock cheapo set but if it does have formula's those are nice enough. I say keep it and give it to a friend to build up a conversion then you have more people to ride with. or keep it for when you taco your rim or strip your hub. I would say 60 is about right assuming that is no tire/tube cog or lockring. But thats not much cash and I don't know if it's worth it unless it's a buddy that you can help out with a cheap start on a bike. maybe I am just too nice and am willing to sacrifice some money to have more friends to ride with tho.