Guys have been mentioning a decline in pricing of late. This one seems a bit contrary to that thought. It does depend on the final price paid for what is offered and we don’t always see that. We do see some that appear to be overpriced and not selling, but I don't see a lot yet that are selling really low. In this case it looks as if we will see the final figure.
Here the seller is clear on the fact that the drum has seen significant use, that it does not have the original snare frame and wires, does not have a 'D' stamped strainer and is missing the cover for the butt end of the bottom hoop. So, at best you get a 7-line deep shell plus what appears to be original hoops and rods. Then you're on the hunt for some fairly difficult to find and expensive parts. The original type frame and a set of original snares is going to be very hard to come by and not cheap (unless of course one has a spare set at home, but even that has market value that will be given up to use it on this drum).
Even so, it's approaching $700 with a few days to go and has met its reserve. Pretty good I'd say, notwithstanding that you don't see too many 7-line drums in the 6-1/2" depth.