Just a quick note to finish up this conversation.
The engine did have a 12-5-66 date on it and appears to have been rebuilt many years ago. The current owner didn't know anything about it other than it was given to him with a 66 Monaco that he bought for the original Monaco engine. The previous owner was going to install the 383 but it was never put in.
I pulled a head off with the owners permission and found that it was completely filled with grease. (Both I and the seller were surprised. Obviously an attempt to pickle the engine. After removing a bit of it, the pistons appear new and maybe not original type. there is no ring riidge at the top of the cylinders, indicating that maybe it has been bored out. I didn't notice a size number on the pistons, but didn't look that hard either.
I turned the crank with the damper bolt and it spun easily with the one head still on it, so not sure how much grease is on the other side.
I have done nothing with it since getting it home, but hope to inspect it a little more this coming weekend.
It's my intention to start a thread in Restorations with all I'm doing with my car, but honey do's come first.