it is sometimes odd with 'projects' on ebay. i still keep an eye out as habit, but the bargains are few and far between. i got my john birch at a relatively good price because it was split in two, but it was still past the point of a profitable rebuild. i still think it would have gone much higher if it had clearer photo's - i took a gamble
if a few people think they are going to get a bargain because something needs work, they invariably go higher than you think. i wouldn't be at all surprised if this got to near its second hand value, maybe even reaching the lower end of it. You see it happen quite regularly with broken gibson's.
my guess is that this will end at £500-600 - probably doubling in the last 30 seconds