Yes...its a solid full chromoly bike. How much value? I don't know. There is currently one on ebay for ~$350...but, the only one that is listed as completed was a frame/fork/bars/seat that actually sold for $51. I don't know much about mid-school bmx values. I've seen local CL for equivalent mid-school bikes with asking prices from $100-200...I don't know what they actually get for them, though.
Jason