value of 396 / 375 1968 Engine complete

[Donutblue]

I just looked at a 396 engine, cast coded 1968 with GMT High Performance cast iron heads for 375 HP. Engine is clean and came out of a 1969 chevelle. The owner tells me engine ran strong before coming out and has about 5500 miles on it. Original GM high rise manifold, carb, and a new distributor. The guy wants $3500. for it, I would be placing it in a 1969 SS Camaro that was originally an SS350. --the question is, based on my description, is the engine worth the $$$