Yeah, I was thinking along those lines. That is why I asked for an estimated value as is. Maybe make a little, while giving it a good home, lol.
What is amazing is it has never been chopped up, everything looks 100% original.
Wonder if a 46 had a red engine? I am not allowed much inspection, such as getting serial numbers or engine numbers.
It still has the gas tank under the seat. Nothing seems missing on the engine except the water neck and carb breather.