I have bought razors in worse condition. For very, very cheap.

Both of the razors I got were, ultimately, fixable. But both also had a belly to the grind, meaning a slightly thicker area near the bevel. It's really hard to spot in a photo, and even difficult sometimes in person, and I doubt it's complete proof against bad cell rot. But on the two I got, both took a good shaving edge after an intense amount of work. And they're extremely ugly. There's few things sadder than a razor that was previously very ornamented that's now half-rotted.

Personally, I would not buy that. And I like lost-causes.