Well, while he's obviously a Gypsy Horse and has a couple of minor conformation issues, he's a gelding so it wouldn't matter. Obviously someone has put some bit of training into him too. He seems very willing and moves along nicely.
There is always a shortage of good, well trained Gypsy geldings, in the US, but that is slowly changing as we as a breed fancy, encourage everyone to geld all colts before sale, unless possible breeding quality. If registered in the US, and groomed properly, he could certainly take someone into the show ring.
The cost of Gypsies in the US is nowhere near the price they fetched a few years back. Nice colts can be found everywhere, for about or under $3,000. I've seen many for $1,500. According to age of course, it's often a couple of years before they can be under saddle. With the shortage of well trained, Gypsy geldings in the US. This boy could sell for $8 to $10,000. This especially if he had some show ring experience and wins and/or has also been put to the cart. If someone had to sell quickly, then he'd likely sell for much less. Even with his training, it would be unlikely than someone in the US, would import him. That would add about another $10,000 and more, to his cost. Importing is still, extremely expensive.
If I were buying this horse, I'd want to know who bred him, his sire and dam, his registration and passport status and more. Gypsies are notoriously easy to train, mostly very sweet, easy keepers and definitely people horses. I'd be interested to know why this gelding and your friend, didn't get along.