No, that bike is not worth restoring, unless you're really want to get into antique bikes and spend lots of $$$$. That's not the type of bike you want to have as an every day rider for going down the prairie path. You can buy a nice old rider, just for what the correct saddle is going to cost you. Ask CABE members what they think the value is???? Then list it in the for sale section for complete bikes, as it is mostly complete. DO NOT PART OUT. List for pick up only, if you're not into shipping, or add that you will take to a bike shop to have them ship it. Of course, that would cost extra. By the way, for CABE members info, I know this person. He's not into bikes, but is into antiques and became a CABE member just to research the occasional bike that he comes across. Please. . . .treat him right. Tinker.