Judging by the picture only. I'm assuming theres no tooling. I'd say it's worth $500 on the very high end.
I just sold mine that was much nicer , a little newer, with lots of tooling a new 3-jaw , new QCTP, and a new motor for $750. I was asking $950. I think the guy that bought it got a good deal, and I think I recieved a fair deal.
In certain areas of the country , there is very little machinery to be had. I'm fortunate to be living in a historically industrialized area. There's lots of stuff to pick from around here, if you have patience.
Marcel