It's a good bike, but the rear derailer is cheap replacement and the wheels are crappy. I doubt the bike has a lot of miles on it however, otherwise the wheels wouldn't be stock.

As a general rule of thumb, classic bikes are often not a good value compared to new ones (Surly bikes are really the best value bikes of all time in my opinion)

But it's a cool bike for sale in city with lots of bike posers with any extra $1000 laying around. somebody will buy it, somebody will enjoy it.