If in decent shape, $200 is a bargain. I paid $500 for one but it was unshot in mint condition.
The 60" '63 dogleg is a safe solid shooter. It gets a bad re from it's little brother, the '63 Kodiak Magnum dogleg at 52". There were three types of these. The Type I was a crack up bow. Not safe to shoot. The Type II was a bit better but still not a safe shooter. The Type III solved the problem and many are still around a shooters.
Tell your friend to feel safe shooting the crap out of his bow. Just to make sure, tell him to check the stats on the side of the bow to make sure it is a 60".