Ive seen much worse.
It ended at 12k not meeting the reserve. I think 12k is probably a good price for it considering the condition its in. No telling how many parts are missing either. It will need a complete nut and bolt restoration which may exceed the value of the vehicle depending on who does the work. Its definately worth saving though. Its just going to be expensive. If someone was willing to do most all the work themselves it could be a money maker or an extremely fun car to drive.