I missed your OP and didn't find it doing a search. Do you have pictures? An accurate description? Does it come with tooling? How much & what? Is it a local pick up?
A little more info would go a long way in helping to answer your questions.
I don't know much about any of the Clausing models but isn't that a collet attachment actuator lever I see on the left end of the headstock? If so that should be worth at least as much as a steady rest.
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