In the condition it is in, if you can get it under $300, it may be worth it. It does need a fair amount of work so it depends if you plan to use it or repair and flip it. I was looking at this as well and don't really need another tractor right now. I would like a RF some day though.
It's a non-runner. No attachments (no mower deck, no blade, etc.) Doesn't even have the pto/mule drive for the deck or tiller. Looks like four flat tires (propped up on cinder blocks). No battery.
Big project. Pricey, if you ask me. Just to give an idea, my '66 was a fully functioning, rebuilt engine and transmission, mower deck (albeit needing work) and Model 43 blade, for not a lot more than he's asking.
Now, I really like the looks of that 140 H3 he's also selling. That's the one I'd go after!!
If you intended to fix it up and use, the price is about right. Maybe on the high side with no deck. By the time you fix it and find a deck you may be looking at 700 stuck into it with the purchase price. On the other hand you could get 350 back out of it between weights, gaurds and grill.
If the single notch weight's come with it well worth the price they bring $200-250 alone and the rest of the tractor look's good. All the part's seem to be there nice complete project to start with. BILL