If a 428 2-bolt short block assy sold for $700 several years ago, then one today should be going for at least $900.
The $500 sounds cheap, assuming the parts are in good shape. Has the block and crank been properly stored? What about nicking the crank during disassembly? I hate buying an engine that has been dismantled. I have a 1969 WF 4-bolt block that will need sleeves because of how it was taken apart. There were a couple of cylinders that had some rust in them and the motor was stuck. Somebody told the guy to drill holes into the head of the piston, then knock the head off from the bottom. He drilled holes into the piston right into the ring lands. The drill walked and nicked the side of the block, so now the block will require a couple of sleeves.
I've also never seen a 428 block that wasn't drilled for 4-bolt main caps.
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