I think it mainly depends on how the leather held up and if anything is actually broken.
With that black saddle I ended up trading it for $100 in merchandise because I couldn't do the stitching it needed for me to finish it myself.
With this saddle, the leather still looks relatively supple and not cracked (on the upperside anyway) so I have a feeling after wiping, soaping, and oiling it should come back to life pretty well.
As long as the tree is sound and none of the leather has more than just cosmetic cracks, nothing should actually need to be replaced, from what I found.
I personally try to stay away from anything needing stitching, replaced parts (such as fenders), broken horns, etc because they end up costing more than I could get for the saddle when I'm done with it.
But, if you aren't worried about making money off it (like I'm attempting, haha) and want to use it yourself, I'd say go for it. I found it extremely relaxing to soap and oil the black saddle. I'm still bummed I traded it in when I know so much of the history on it, at least 100yrs. I didn't like how it felt to sit in though..so it really wasn't too much use to me when I could use what I traded it for.
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