Looks like Continenatl Z129 since the oil filter is external. Does it turn?
It could have had new sleeves and pistons and if the journals were OK it could have had new bearings put in and never left the bench. I can"t tell whether the pan was off but it would have had to if bearings were checked and/or replaced All I can see is that it looks like the head was off and my guess "rebuild" could mean a valve job.
If the head is good,and it turns, it"s worth $300 if it had a valve job. The real bad issue with the Z129 is block cracking and you can"t tell that unless you pull the head.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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