Nice set! I had a JC higgins set similar which included the glass TD bow which was made by Ben Pearson for Sears in the 50's/early 60's. A collector gave me $200 for it and would say your set it worth that to the right person.
BTW, the JC Higgins name, used by Sears for 50 years, was retired in favor of Ted Williams who retired from baseball around 1960.
Your bow looks like the wood one piece model since the TD was packed in a short box.