1949 VAC Case Tractor in boxes???

I found a '49 Case VAC a guy is wanting to sell. He has it tore all the way down, even the transmission, really everything but the motor. Everything worked fine before it was tore down, he was planning on restoring it. It only has a drawbar. It is all there minus the air beather. Great sheet metal. All sheet metal and some parts have already been primed. The man wants $815.00 for it. I am probably end up parting it out, but is $815.00 a good deal? How much is the sheetmeatl worth? I normally just do the offset farmall equipment/parts and this is all new ground for me.
 
i don't know,tractor in boxes, bolts missing ect maybe 350 to 500 bucks tops , if it were me i wouldnt give more
 

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