The bellows don't look very good, but they are not entirely trashed. I could not test them for leaks in a dark room, but they did look at the very least tapeable, and possibly usable as is. I am pretty sure they are original, or a direct replacement of the original ones, as they have the same wide-pleat design as shown in that original catalog drawing of the camera. They are strangely glossy, though, whatever that means. They either came like that or someone coated them with something at some point.
It is no collectible, but it looks OK, and wouldn't need all that much to be used. A lens, a shutter, and a darkroom check/possible taping of the bellows. The movements are tight and the camera is solid.
No swing on this model; only rear tilt and front vertical shift.
The lens is definitely pretty far gone. It would probably make for some interesting soft focus pix. It's a 209mm f/4.5 Raptar.
The cool part is the tripod and the tilt plate. This stuff was all wrapped up, so I didn't look at it in detail, but they would probably be able to tell you something about it.