That's a lot of money for an old Stovebolt engine. I bought a 54 6500 a while back for $500. It has a rebuilt 261 and a rebuilt carb on it with 6 decent tires. I just sold a runnable 54 235 to a fellow 'Bolter for $100. In my opinion, I would scrap that engine and go after something better, like in big 'bolts,
Scott