While out in my PV I met a man who owned one and he said he would sell it. I went to look at and what a shame. He parked it near water on his property in 1975 when it was just 14 years old. It sat untouched for 35 years till he dragged it out with a tractor last weekend. He said when the water would rise it would be partially under water. We have thought of buying it but the transportation costs may outweigh the value on what few usable parts it has left. Take a look at the link. It will take you to one photo but there are several more after that. I have never been successful putting photos on here.

http://www.flickr.com/photos/blue65pv544/4803885894/
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Bob, SC, 1965 PV544, 1988 240 wagon

If you are a true scavenger I would think that you could spend a couple days cannibalizing. I would estimate that the Glass may be of value. Horn Ring looks intact. The "Yankee Bar" also appears to be straight and re-chromable. Lots of little stuff that can be pulled and cleaned up with a wire brush and elbow grease. Stainless Steel trim, "badging", door handles, door lock mechanism, etc., etc. The body is definitely a candidate for the crusher however.

Ouch. That's painful to look at.
There may be a few useable parts, but it doesn't look like much.
It may break in two just trying to winch it onto a flatbed.
Too bad.

It reminds me of a '63 I saw in the woods a few years back. The PO parked it there when he was done with it. It just sunk into the ground. I'll try to post a photo. It didn't look as bad as your find though.

I thought about it breaking in two on a rollback. About the only thing it holding the bottom together is the transmission tunnel. As expected the bottom of the rocker panels are gone.
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Bob, SC, 1965 PV544, 1988 240 wagon

This is the one I was referring to...