beat up gibson L-3

[johnnyb]

someone is offering this im my area. any ideas what a good offer might be in its current condition? or if its just a money pit.

http://albany.craigslist.org/msg/1649252129.html

[VintAxe]

Hey johnnyb.

Can't find my Acoustic Guitars Blue Book, but I did find this:



Here's one with a $900 - $1,200 estimate at auction:

[johnnyb]

the cutouts on the soundhole that go right into the rosette are what bother me the most. that seems to make it almost unfixable and destroys its value. am i wrong?