I have a friend that has a 312 that has been rebuilt to handle modern day gas with attached fordomatic transmission sitting on an engine stand and periodically he runs the engine to keep it loose.
I want to make him an offer on the engine combo, any suggestions on the value?, He will never do anything with the motor as he has a 56 Fairlane 2 door that is just sitting that he has had for years.
He may not he want to sell it but I'm going to make an offer and needto be up on what it's worth.

Claim to fame is the car was used as an extra in the movie Diner with Micky Rourke, Steve Gootenburg, Paul Riser and Kevin Bacon.