Well...my biz apparently regularly takes a loss on the repair work, so I am halfway there :dazed:
But +1 to everything Turf said.
Basically, for either a player or non-player who wants to perhaps start (or give the horn to someone they know who wants to start)....in this situation I generally say....if the repair work can be kept to around $300, maybe $350 tops....have it repaired and you will have a respectable sax.
No not exactly lightning-quick in the key response, but that is balanced out by a truly beautiful tone and a very good, substantial, reliable build. And for a $300-350 investment, not a bad one (one can buy a model far, far worse for that $).
If the investment in it gets more than that, then one can argue as the owner of one, they can get $100-200 as-is....so, perhaps better to sell as-is and take that $ and put towards a different used horn.