Anything can be saved. It all depends on how much work and $$$ you are willing to put into it. The Anniversary is a sought after model and well restored examples sell into the thousands. Do you have the skill set and tools to restore it yourself or will you be enlisting a qualified mechanic to do the restoration? Bringing this gem back to life is much, much more than making it look pretty. The subrails will at the very least need to be modified to accept modern cushions. If new cushions have already been installed, were the subrails already modified? If so, were they done properly? If you have the skill set and tools, you could perform the cosmetic restoration and leave the subrail work and cushions to a qualified mechanic. Is the table complete? It's hard to tell from the pics but it appears the ball tray is missing. It's not the end of the world but it is an added expense ($225 from Classic Billiards;
www.classicbilliards.net). What are they asking for the table?
I recently saved this Gold Crown I. It was a lot of work and a little investment but the price for the table was right at $400. All In, I've probably got $3,000 invested which included the subrail calibration and extension and new cushions. At the end of the day, I've got a new Gold Crown I that should last generations. You just have to determine if the time and money is worth it to you. My trials and tribulations are documented here:
https://forums.azbilliards.com/showthread.php?497624&p=6450657#post6450657
Best of luck to you!