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Looks like you have a crack forming in the wrist area of the stock, which would require attention also. 

Shooting your Krag will be very rewarding...  but let's make sure its safe first.

Don't worry about asking lots of questions.  That's how we all learn, and we're all here to help each other out! 

Records do exist, but don't be surprised if yours isn't listed... most aren't. 

There are others here who can give you a much better idea of value than I could.  However, with the cracked stock, missing safety, and rough metal, it will be on the lower end of the scale.  How does the barrel look?  Hopefully, the bore doesn't look pitted like some of the exterior metal does.  The exterior won't prevent it from shooting though.  The missing safety won't prevent operation either, as long as you keep it pointed in a safe direction.  Replacement safety levers can be found from Numrich, Joe DeChristopher, and on EBay too.

Whitedice:  Welcome to the KCA forum.
  I would not give up on your Krag.  It needs a good clean up and assessment.  If the bore is in good condition you have a useful rifle.  Your stock looks decent and the crack could be repaired and stabilized with epoxy bedding.  The worst corrosion seems to be on your bolt and trigger-guard.  Those two parts could be replaced for about $75 with parts listed on Ebay.
  More (close-up) pictures would allow better feed-back on condition, rust removal, and care.  Your rifle was assembled in 1897 and is a SAW veteran.  Your rear sight and hand-guard were later upgraded (model 1902 sight and hand-guard).

SAW = Spanish American War. 

For what it's worth, my opinion would be to fix the crack.  Fixing the crack would not lower the value, but would enhance the re-sellability, as would cleaning up or replacing the damaged/pitted bolt and trigger guard.  Repairs can only increase the value of this.  Also, cost of 30-40 ammo although high, is not as bad as some other rounds... and reloading can drastically reduce the cost (once the initial cost of reloading equipment has been offset). 

I look forward to seeing the better pictures, as this can help give a more accurate estimation of value.

Looks like with a bolt body, bolt sleeve, safety, trigger guard and some very careful stoning on the left side of the receiver, you could have a nice rifle.  Don't be afraid of repairing the stock.  There are cartouches on that original that you can't and would not want to duplicate.

I am not sure if that is the exact serial number, but it should be close enough for the assumptions. I will double check it when I take it out for pictures.

On the cartouche, that is what confused me. The only mark that I saw was the stamp behind the trigger guard. It is not very deep, making me think the stock might have been sanded at one point? If that's the case I would not be as concerned about putting a couple of rods through the crack, epoxying it, and calling it good.

I am not sure if I have the capability to do a nice looking restore on that crack. I have refinished a few sks stocks with cracks, and the results were less than invisible. In fact, my only other experience with a krag is when I purchased a sporter with the stock completely split in half. Since it was an aftermarket stock, and I did not pay much, I went ahead and repaired it so that it at least was shoot-able. Needless to say, it looked pretty ugly.

I will for sure clean the gun up a little, hopefully tomorrow. After that I think I will be able to see what the condition of the metal and wood is in.

Thanks guys! Provided some much needed advice, and information about the gun.