I think the 1500$ is in the ballpark, if the thing runs.
It has the chrome fender's that the later 305's had, but the removable exhaust tip is more a '65 or '66 item. Frankly I think its more prefferable. Badges, rear shocks, & 1 or 2 other items are not stock
I saw a complete front fender with hanger both of which needed a complete makeover go on Ebay about 2 years ago in the $700's. Had to be a plant in their bidding?
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