I had a longer conversation with him later this morning... I believe he's figuring that reality out. Kinda' feel for the guy... deal is, his Dad died leaving him a few instruments as an inheritance, however he's having to sell some of them to cover some final expenses.
I agree with the sentiment, that it's a parts bass as-is, with little-to-no collectible value... trouble is, I'm such a hopelessly sentimental squish when it comes to these things, that the crazy side of me wants desperately to save it, and it's completely within my capability to do at least the woodwork, but the sensible old curmudgeon living upstairs knows better than to drop $2k for a total rebuild project. Now for $1K... I'd have to think on that. (Nah - probably best I don't!)