L value

i have give some details about this L in my other post's under my vin number question

Without seeing it and you saying it’s stuck I would guess its worth something around scrap value <$1000. If the tin and tank is perfect and tires are good then a little more but make sure the drive train is good. Kick it in gear with the clutch disengaged and turn the belt pulley. You may have to hold the hand clutch back enough to release the pulley brake. The tractor should move smoothly. Listen for funny noises, or bumps in the drive as you turn the belt pulley. If the tires are too bad to roll then at the very least I would check by rotating the belt pulley with the tractor in neutral and clutch disengaged brake off. The belt pulley is the first shaft driven by the clutch input shaft and pinion gear. Again it should turn smoothly without excessive binding. You can also pull the lower trans oil plug and look for water. It’s located just below the steering arm and about 12 inches back. Mine had several gallons of water but nothing was hurt thanks to what looked like a good coat of crude oil and mild southern winters. On the down side, I discovered that the clutch input shaft gear was badly chipped and the likely cause of mine being put out to pasture 40+ yrs ago. I"m trying to find a good shaft & gear now.