Equipment
Single family ownership for 62 years, currently has a Volkswagen engine installed, includes a period correct replacement engine and outfitted with exclamation mark bumper overriders front and rear that belong on a '51 Buick.
Condition
#4 Fair
Has visible flaws to the naked eye. Runs fine, but could use mechanical or cosmetic attention.
Last driven in 1976. There are chunks of paint missing and there is surface rust throughout. Light damage to the right quarter panel as well as damage to the top of the right fender. Rusted out right door bottom and hinge post. The engine compartment is filthy and derelict. The interior is dirty and the seats are shredded. This car needs a complete restoration only a marque expert can competently accomplish, which is bound to cost dearly.
Market commentary
This 356 isn't a once-in-a-lifetime barn find and the described 'patina' isn't, it's rot and neglect. It will take many thousands of dollars and several years to get right again and it still won't have its original engine. At this price, the new owner already has too much money in it, and the costs are only going to snowball from here. Not even Barry Meguiar has potions to fix this derelict hulk.