Hey Jack,
Before Dad pulled the engine he got it running in the car. He says it smoked a ton... but it ran. It still turns super free. It was in doors the whole time as well. It would be hard to do a compression test after 30 years of dry cylinder walls but the way it turns feels like there is no rust in the cylinders. I can pull a couple of plugs to verify how the cylinder walls look tonight.
I can work with you on price as well. We would just like to see it preserved and not scrapped.