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Mid 60s? Gibson EB-3(PICS) would you make an Offer

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My friend and mentor has this bass he said its a 1961 and the bass has no serial number which he says only happened early in 1961 he said it dosent work and would sell it to me but didnt give me a price it needs some big repairs he said so what do you think
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Price and the meaning of "doesn't work" would be two important things to know. It looks intact, so I'm guessing no output. That could be anything from an easy fix (replace the pots) to a nightmare (somebody probably makes a replacement for that pickup, but it will be harder to find than a J set)
 
You posted your second pics while I was typing my reply. How bad is that neck joint? The crack in the neck is ugly, but looks stable. The neck joint, I can't tell. Is the neck loose? It sort of looks like it, but could just be the lighting. You can reset a neck, but it is an expensive repair.
 
This model is not an "SG Bass" but was known as the "EB-3" throughout its entire original production run, starting in 1960-61. Look up 1961 EB-3 to get comps.
Bugs me that Gibson apparently forgot their own model designation, but the Epiphones are named correctly. More reasons to love Henry J I guess.
Ya I just wasnt sure between EB-3 or something Ive always called them the sg bass just like the telecaster bass is a Precision
 
This model is not an "SG Bass" but was known as the "EB-3" throughout its entire original production run, starting in 1960-61. Look up 1961 EB-3 to get comps.
Bugs me that Gibson apparently forgot their own model designation, but the Epiphones are named correctly. More reasons to love Henry J I guess.
Somehow I missed the bridge pickup in like 9 pictures. That is an eb3 not 0, and it is still only worth 900 bucks in much better shape than that one.
 
It's in too bad of shape for my taste unless the price is extremely low. The $500 worth of repairs is more than I would give for the bass. That's just my opinion. In good original shape it would be a cool bass. I'm a long time SG bass player starting with an EB0, then an EB3 and finally I'm on my 2nd SG Standard.


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