Hello and happy new year.
Foam is usable all the way around but missing a few chunks. Original leather was roached and unraveled, hence the budget rewrap experiment.
Since the rewrap took some time to do, works great and looks good (seen on Petrolicious' 2015 LOTA coverage), its new steward can decide its fate.
I have seen some comps (scratched and gouged spokes /holes) out there and feel this example is fairly priced.
Happy to field any questions, and yes, its just b*tchen. ;-)