Man, I love that wrap! But, I've never run across any of it (in the red or blue) that didn't have the rips in it that this one does! It wasn't the same quality and thickness that their solid color wraps were (like my Blue Gloss's) and just could not hold up to temperature change and time!
IF you buy this, I do have some of the wrap for patching. I also have a 22" hoop... but sorry, it's inlay is the blue oyster. Sent some of it to jccabinets once upon a time.
$300, IMO sounds a little steep given it's overall condition. But, beauty is in the eye of the beholder! The chrome will take a lot of work, and if you choose to rewrap it will be expensive. Replacing the spurs or reso rims shouldn't be too much of a problem. I've probably got the missing wing screws for the tom mounts, too. Given it's construction (9-ply with the layer of FG) the reso sides should still be in round. Rock Hard water putty and patient hand sanding should touch up the bearing edges OK.
4 toms, given their sizes is a plus, IMO. Too bad the BD wasn't a 24. That would have been a big plus. You are probably right about the snare drum... it looks like a cheapie.
How far will it need to ship? Is there any way to make the trip to pick it up? It would take at least two boxes, and should have 3. Shipping won't be cheap...
Don't know if any of that helps or not. Along with the FG drums, I love these things! IMO neither get a fair shake from the overall vintage drum community!