Crate motor? That looks like an OEM motor, by the looks of the rust and fading etc.

No new gaskets peeking out from the head to block or even the valve covers.

It's a crate motor--it came in that crate it's in right now.

Oh, I could be wrong, but maybe it came in a different crate 18 years ago or something.....

He cash your check yet? He show you a receipt? How does it run?