Hangar find- What's it worth?

[cliffy]

Have found a new engine in a hangar for a long time.

NEW! Factory New Lycoming IO 360-B1E Still in shipping box.

Never unpacked. Shipped from factory Jan 1978. Haven't done an AD run on the

serial number yet and it will probably need at least a tear down and reassembly with new gaskets. Just starting to find out what it might be worth.

It's from an estate sale. I have no skin in the game. Only handling sale for

the wife in the estate.

Any ideas?

[John Pleisse]

Probably sold new for $3k. Barn find...AWESOME!!!!! Even if it had the 3/8's valves and guides, there's still great value, even with a top, you think Jim?

[cliffy]

It came from Haglin in Los Angeles Old time Lyc distributor.

Haven't checked the valves yet either but will in the near future.

May have to check the crank AD by serial number also.

[wiguy]

How about for them airboats? I hear some use a Lycoming of some flavor.

[Andy95W]

I bet there are RV-7/8 builders out there who would definitely go for it.

[Guest]

An IO360B1E should fit a180 HP Piper Arrow. I doubt it will have a crank AD, but will have a number of other ones plus a high chance of internal corrosion. Likely worth core value only.

Clarence

[ArtVandelay]

An IO360B1E should fit a180 HP Piper Arrow. I doubt it will have a crank AD, but will have a number of other ones plus a high chance of internal corrosion. Likely worth core value only.

Clarence

If it's been packed away I would think corrosion would be superficial, I would borescope it to see what's up.

[cliffy]

It was pickled at the factory and in a dry area all its storage life but a good borescope will be mandatory.

[N601RX]

Here is a list of which engines are used in different planes. I believe you could remove one of the mags and look around in the bottom end pretty well with a scope.

http://www.pennyanaero.com/lycoming-360-series-engines.asp

After looking at some pictures I made while we were putting my engine back together it looks like the holes that go from the accessory case up into the crankcase are more more ligned up with the governor mount than the mags.

[N201MKTurbo]

I bought an insurance claim factory reman once for $8000. It was on an engine stand in a hanger that was flooded. The water didn't get to the engine. I spent $800 for a tear down and reassembly. Nothing was wrong. Turned out to be a great engine!

Sold my core for $4000. Got a factory reman for $4800!!!

[DaV8or]

My experience would say, as long as the hangar was dry, I would say it is likely good as the day it was built. Pulling a jug likely would answer the question. Shouldn't be hard to sell.

[Guest]

My experience would say, as long as the hangar was dry, I would say it is likely good as the day it was built. Pulling a jug likely would answer the question. Shouldn't be hard to sell.

Pulling two cylinders is the only way to see the cam and lifters, there is no access with a borescope, pulling a magneto would allow inspection of the accessory gear train.

Clarence