A fellow on the AACA Forums(who owns a Master 8) asked Gerald, the seller, about the wheelbase, and it's 125", making it a Master Eight/Model B. There were 1,219 built and my records say ~13 still in existence.
Most people want a shiny, drivable collectible car...this isn't one...most don't know what a Peerless is...so would go for a make that's more familiar...like a Packard(5,000 still around) or some GM(over 424 Million built so not rare). Interesting to visualize the circumstances that could lead to this Condition No. 5 or No. 6 Peerless to be restored. Someone would need to realize that the 3 Thirties Peerless models, Standard, Master & Custom, were the swan song of an important marque. Maybe a challenge to restoration shops "Restore the Unrestorable!" or even a reality show on TV. If an important person was the original owner -- or Hoover or Roosevelt campaigned in it -- or British royalty was chauffered around in it.
These 30s Peerless survive in limited numbers, so pardon me if I roll my eyes when someone goes on about how they're spending 6 figures on a Plymouth or GM because of how rare they are. Here's my latest count on the known Peerless automobiles in existence for these models -- all significant motorcars:
Standard 8................7
Master 8...................13
Custom 8...................7
(we won't even mention the coachbuilt Thirties Peerless cars, they're so rare)