Schwinn Packard yard sale find

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Just found this over the weekend at a local yard sale. The bike is nice and crusty. Doesn't look like it has seen any love in decades. I'm planning to sell it but I'm not sure if it would sell better as-is? Or to wipe it down with BLO, repack the bearings, fresh tires, and seat?? What do you guys think?? Part of me wants the fun of seeing what it could look like after. But since it's not a keeper?? The Serial on the bottom brackets is F3579XX I can remember the last two digits.
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I went ahead and started cleaning it up a bit and it's looking nice! But the seat disintegrated. It just turned into rusty dust. So I'm going to need to buy a replacement. I'll take more pics tomorrow. Quicksand I'm not going to part it out. I'm going to take it to the next local swap and see what I can get or trade for it.
 
I took a pick up load of Schwinn girls frames to the salvage yard a dozen years ago. Probably should have kept them. Girls bikes...meh.. Gary
 

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