Equipment
Dual sidemounts with mirrors, disc wheels, blackwall tires, rumble seat, top frame and bows, red plastic 'Muncie' shift knob.
Condition
Peeling, surface rusted body rands, scabrous bright trim, tattered upholstery and top but sound old inside door panels. No windshield or sidemounts. Exposed metal has been slathered with WD40 to retard rusting. Chassis and running gear are uniformly grimy. Brake linkage has been worked on and the engine compartment is orderly and functional. Runs and drives. Remarkably sound body with no rust through at all. Don't restore it, just drive.
Market commentary
It's all about the potential which I would argue is best achieved by leaving it alone other than making it work properly, fitting a windshield and taking it out on the highway for some fun. It would be a sensation. Then restore it, a straightforward, if expensive, project. The bidders paid all the money for the potential, but not too much.