I agree with Alan $300 is way to much, half that at the very most if it is in perfect condition.
Selmer stopped making Bundy instruments nearly twenty years ago as far as I know.
Should be able to pick up a decent second hand bundy , or vito for around US$70 - 150.
Then get it tuned up at your local shop , may need a few pads changed and keys adjusted.
I managed to pick up a good second hand Buffet B12 for US$190
and just brought two vitos - one for US$75 and the other $36 (needs a complete pad change and smells bad).
If you find a few you think might be suitable on ebay, you could post the links here and get some feedback.
<Added>Heres the two vito's I recently brought
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=130185505583
http://cgi.ebay.com.au/ws/eBayISAPI.dll?ViewItem&item=310010912850
Second hand instruments are so much cheaper in the US than here(Australia)
even with the shipping.