Well, it's a Birmingham made Hercules, not Raleigh built, a real Hercules. Made before 1960. If everything is in good shape, and you really want it, I'd say it's worth something. No back wheel? I'd offer 20 bucks and see what happens.
That what I think I'll do, don't want anything crazy nice kinda want to do something similar to the spot duallie just with an old frame. Don't want to cut the stay of anything to nice.