It looks to me like the valve cover says Nissan OHC, which might mean the engine is not original to the car. 

I'm sure it will go up more towards the end of the auction. People are paying higher and higher prices for these cars in this condition, and a lot of times selling the unfinished project a few years later. 

Currently $4250

Crosses the block in about 40 minutes. Cant watch it live, in the deer stand

$4600 on approval

Probably a good price if its not too rusty

19 hours ago, Patcon said:

In many states that sticker could be removed, but the title would be branded salvage.

Somebody aught to watch the live auction. I suspect the final price will surprise you

Or one could file for lost title, get a new title for the car and move on with a full restoration.

16 minutes ago, Racer X said:

Or one could file for lost title, get a new title for the car and move on with a full restoration.

Or...I could title it in Alabama with a bill of sale written on a Burger King bag, pre 1975 no title required just a bill of sale. There's a lot of stolen Northern cars down here still. My Dad said it was rampant in the '70s thru early '80s. My '72 was tiltled with a hand written bill of sale on back of a packing slip. Carried that to the Courthouse and paid $20? then got an Alabama title in my name in a couple of weeks.

Some years ago one could clean up a branded Oregon title by registering the car in Washington, then back to Oregon. I believe they caught on to this some years back though.

2 minutes ago, siteunseen said:

Or...I could title it in Alabama with a bill of sale written on a Burger King bag, pre 1975 no title required just a bill of sale. There's a lot of stolen Northern cars down here still. My Dad said it was rampant in the '70s thru early '80s. My '72 was tiltled with a hand written bill of sale on back of a packing slip. Carried that to the Courthouse and paid $20? then got an Alabama title in my name in a couple of weeks.

Did this many times in Georgia living in Florida to get clean titles.

1 hour ago, Racer X said:

Or one could file for lost title, get a new title for the car and move on with a full restoration.

I not sure that would wash the title. It would still probably be salvage

1 hour ago, siteunseen said:

Or...I could title it in Alabama with a bill of sale written on a Burger King bag, pre 1975 no title required just a bill of sale. There's a lot of stolen Northern cars down here still. My Dad said it was rampant in the '70s thru early '80s. My '72 was tiltled with a hand written bill of sale on back of a packing slip. Carried that to the Courthouse and paid $20? then got an Alabama title in my name in a couple of weeks.

The rules have changed a lot in the last few years. This is getting harder to do

This still shows the prices are going up on these cars. A car like this with potential title branding, still goes for $5K (after fees) 

I still can't believe the low prices I paid for cars not all that long ago. 

I was out buying parts this afternoon. Picked up a set ZX turbo swastika wheels and a set of 4 screw carbs.

Did you see this one?

https://www.copart.com/lot/62323571

Look at the hood!!

If the hood looks like that, you know what the rest of the car looks like.

$5,900! For a really rusty 78...

 

11 hours ago, Terrapin Z said:

This still shows the prices are going up on these cars. A car like this with potential title branding, still goes for $5K (after fees) 

I still can't believe the low prices I paid for cars not all that long ago. 

I was out buying parts this afternoon. Picked up a set ZX turbo swastika wheels and a set of 4 screw carbs.

It's definitely not a hobby anymore. 

If I can find a magazine I kept from a few years ago with a 240 on the cover with the heading asking "Is it time to call old Japanese sports cars classics?"

16 hours ago, Patcon said:

I not sure that would wash the title. It would still probably be salvage

 

With the age of the car, and if it has been long enough since it was last registered, it is possible there won’t be any record of it. If so, a new title would be issued, clear of any branding for salvage, etc.