Michael
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The aftermarket top was probably worth half that. I would say that something that sells in 5 hours was priced below its actual value but it would cost a lot to restore it.For another perspective: On Facebook in the "Military Vehicle Lovers !!! ( MVL )" group - there is a truck that has spent most of its life outside the barn. The condition is nowhere near as good as the pictures you posted. The hard top on this one appears to be built out of plywood.
Joel Gardner has it in Dryden Michigan. Cash deal only and he wants $800 for it. That isn't a bad deal in my opinion but I have more projects than I need for the time being...
Scratch that... Just went and looked again and now it says (SOLD) 1953 M37 Dodge. Oh well, at least you have numbers to compare... It took 5 hours for it to sell at the price point. Had a fiberglass top that went with
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