Not trying to be a jerk, but if you paid 50 bucks for it, and have no clue what it is or what its actually worth isnt 175 a hell of a markup? If it were me Id start a thread first to ascertain what it is you have before slapping a random price on it and throwing it up here. If it is a vintage Kay (which it really looks like it is). Then honestly 50 bucks is about what its worth........maybe less since someone screwed with the headstock, and you cant even call it a Kay anymore....heres a link to a similar one on Ebay.....again not trying to be an ass about it, just imparting my 2 cents worth.....which is usually worth less than 2 cents......
http://www.ebay.com/itm/VINTAGE-KAY...120?pt=LH_DefaultDomain_0&hash=item35b724d550