The shifters are destroyed. I would some day like to make a poor man's single speed out of it.The head badge is from a bicycle shop, not the manufacturer of the bike. The lugged frame and half chrome fork reminds me of an old Fuji road bike (just a guess).
The seat post doesn't look very deep in the frame. You could probably get it out with some patience. It wouldn't be worth the time for a 'certified mechanic' at a bike shop to spend on it for a $50 bike.
If it's something that you really like and want to keep for yourself it would probably make a good project, but you could quickly spend more than it's worth if you plan to flip it.
From a collectors stand point, I would guess that it's probably close to worthless. The badge doesn't make it any more valuable unless you happen to have a personal connection to it. However, as I said earlier, if it checks off all of the right boxes for you personally, I wouldn't let $50 stop me. I've spent more for less!How valuable and rare is this bike with this badge. It is in almost rideable condition.
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