What's the use in salvage of an aircraft of this age
Rebuild by someone with their own labour or cannibalism for parts? If the insurers' write off threshold was low enough, someone may think they can get it flying with a reasonable margin.
I'm not an engineer, but I would imagine that there would be a fair amount of commonality of parts for various models of Piper of similar vintage. For the rest, considering the amount of road signs going missing these days, the metal content alone has a value.