Priceless treasure? or piece of trash?

you decide:

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Look through the grunge at the tone holes.

A closer view shows that these are Cloos-style tone holes.

A closer view shows that these are Cloos-style.

 

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Machined ferrule of nickel silver (don’t be fooled by the splits — these are not a burnished seam).

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Would be pretty hard getting this fife into playing condition…or even display condition…

I guess you know my decision, but I’d like to know yours.  Treasure or trash?

Photos courtesy of ebay seller, NQAC.  To see all photos plus the seller’s text, please visit http://www.ebay.com/itm/RARE-Colonial-Era-Wooden-Flute-Fife-NOT-Reproduction-Museum-Piece-/121203155223?pt=LH_DefaultDomain_0&hash=item1c38456117

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