Correct. Everything is contingent on costs. That being said, if the remainder of the cache of remnant guns are of at least this quality and condition, they would be a restorer/huckster's dream, if purchased as a lot, as is, and at an appropriate price. Personal point: my criteria for taking the time on a piece is contingent upon the presence of an original patchbox. I have a hard time dispensing of boxless rifles around here and have little interest in devoting effort on them. Exceptions would be presence of absolutely attractive and impressive architecture and/or the evidence-based attribution to a grand master. The pictured piece, after a proper restoration, might bring two grand around here on a good day, so the seller needs to understand that after parts, time, skill and travel are introduced into the business deal, he can expect to end up with less than 50 cents on a dollar, retail. Just my take on things.