Nice car. I would agree that it may be the valve seals. With the low miles it has they could have easily dried out from sitting.
Do you have a pic of the drivers side valve cover? I can see that you have a PCV valve going to the carb. Do you also have a breather tube on the valve cover? It would connect on the drivers side valve cover towards the back of the engine. If that's plugged/missing you could see some strange behavior.
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