1970's or 80's Sachs Hercules P1

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I saw this at a local auction house today:

IMG00061-20120525-1715.jpg


IMG00062-20120525-1715.jpg


I did a quick search and found it was a 1970's or 80's Sachs Hercules P1. Here are some photos from the web:

herc13.jpg


Hercules-73-Moped42.jpg


p1_505p.jpg


And here is a website with info. (yer gonna have to use google translate or something.)

http://www.technik-ostfriese.com/technik-ostfriese/content/2010/hercules_dkw_p1-505_p.php

Is something like this worth buying ? It is non functional at the moment, and seems to be complete minus the grip on the right hand side. I don't know if the grip also functions as a throttle.
 
The big question is how much are they asking for it? And is the engine seized up? Getting it running could be as easy as taking apart and cleaning the carb, or it could be much worse.
 

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