Scrap value is a fair price unless the tractor has been stored in a shed all it's life. Post some pictures if you can. A 450 weights what, about 3 tons? 3 tons x $170 per ton =$510.
450's are very good tractors. There are working 450's with power steering available for $2000 to $3500.
If you are looking for a restoration project and you are willing to spend more than the finished tractor will be worth, because you enjoy the hobby, then this sounds like a challenging candidate that could keep you busy for a year or more.
If you are looking for a working tractor that is an easy fix and to make some money on it, then this one will likely be a money pit even if you can get it for free.
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Today's Featured Article - Ford Super Dexta - by Anthony West. The rusty blue tractor caught my eye as my truck zipped by the farm implement business. It looked so fornlorn amongst the lineup of newer equipment. But it was just the right size for my small farm. I stopped in and asked the proprietor for further information. "It's a 64 Ford Super Dexta", he said. "It's a tough little tractor, although it's a hard starter being a diesel and all." He did manage to get it running, compliments of a can of ether. Once started it putted along pretty good. It
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