...depends.

I have a nice Philly AE that had a broken stock. I had it replaced with a higher grade of wood that you might normally find on an "as delivered" non-special order, AE gun. Also, the checker pattern was done in an X grade.

My untested opinion is that it's probably worth more than the average run of the mill, 3" DAH, short LOP, roughed up, AE gun. I think I can get my money out of it too.