I purchased a 64 R1, with A/C and auto, last fall for $4500. This car spent its life in Florida so frame, hog troughs etc were in great condition.
It was apart, but complete, with a claimed rebuilt engine and transmission. There were many new parts in boxes including parking lamp assemblies, body rubber gasket set and dash pad.
Your hog troughs seem to be ok, but the frame sure looks crusty.