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You could get a few dollars selling it as scrap metal to a recycler. Otherwise, no. There is no demand for something like this. You could potentially put it on sale for months/years and eventually find someone who wants it but that would be a total gamble.
Personally I'd keep it, get the rust off, give it a paint job and have it be an ornamental piece that can sit in my garden or something but I'm a train nerd so your mileage may very.
