You are almost always better off financially to sell a wooden canoe unrestored. The information at
http://forums.wcha.org/showthread.php?57 should help you come up with a value. This includes the comment that "A professional restoration will run from $400 for a simple canvas job, to $3000 for a full "make it like new" restoration with a smattering of new ribs, planking, decks, seats and of course canvas, filler and paint. Many restoration tasks can be done by a competent woodworker or handyman at a fraction of what you would pay for a professional restoration, however without shop equipment and a good place to work, serious restorations can be more trouble than they are worth." Linda Whiting and Dan Eaton created a more detailed analysis of a professional restoration at
http://www.smallboat-shop.com/Restoration Process.pdf which gives a range of $3200 to $4450. A similar canoe sold on eBay recently at
http://www.ebay.com/itm/121716253268 for $343. Good luck,
Benson
