Best condition to sell an engine?

[defiance]

I don't think this goes in the classifieds, but if I'm wrong, I sincerely apologize!

Anyway, I've got a 440 I used for a while and was prepping to do a MAJOR rebuild on (496 stroker, 10.5/1, big cam, victor heads, 650-700hp range).  However, it was going to need to be bored to .055 over to be solid.  It's already .040, and 7 of the cylinders were still perfect (probably less than 100 hrs run time since last rebuild), but one had some kind of ring problem and scored a cylinder wall.  It could probably be honed a few thousands and cleaned up, but if I'm building an $8k engine, I want it all *perfect*.

Anyway, point being, .055 was kinda worrying me with that much power.  So, a few days ago I noticed someone selling a never-been-bored 440 block cheap and nearly next-door to me, so I jumped on it.  Now I can get by with .030 and breathe MUCH easier!

Yeah   Now, the point of my post:

With the old block, it's really a minor problem, and I think it could be a pretty good engine for somebody not looking for severe performance.  Plus, obviously, the more I can make out of it, the more I have to spend on my own rebuild.  So, I'd like to prep and sell it. 

My thoughts are that I'd probably be best pulling it apart, honing that one cylinder to clean it up, installing new rings and bearings, putting the old heads w/new head gaskets on there, and selling like that
Included would be the block, oil pan, crank, rods (cast), pistons (cast, low compressiong factory-type), exhaust manifold
NOT included would be intake manifold, carb, distributor, harmonic balancer, water pump housing, water pump, oil pump, any accessories or brackets or pulleys...

I can probably do this much for around $300 or so. 

A) is this worth doing to sell, or should I just sell as is and let the buyer deal with it?
B) would I be better off doing a full 'running' build and selling it that way?  Lotta parts I'd have to buy...

What do you guys think? 

[41husk]

If you do the work keep all the reciepts, as long as you are honest about the work being done,  I have purchased motors that were supposedly rebuilt, that had just been cleaned and painted after opening it up.  If the price was right and I trusted the person I would buy another rebuilt engine.

[defiance]

Do you think I'd be better off selling as is?  Rebuilt with what I have?  Or scrounging together all missing parts and selling it as a fresh rebuilt running engine?

[41husk]

What can you get for it as a scared partial block?  What will it cost to gather parts and rebuild?
If you can get $1 for it now as is, but it would cost $1 to gather all parts and $1 worth of your labor to rebuild.  If you can get $4 it is probably worth it.  If you can get $3 for it but move it much faster it is probably worth it.  If you can only get $2 for it sell for $1 untouched and save the hassel
I don't mean to be smart, but if the block is already bored and the # of big blocks stil available at reasonable prices, I would probably pass and look for a uncutt block, on the other hand I don't do machine work, so I would have to send the block out to rebuild and probably would not make enough on the sale to be worth the trouble.