Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Would like to know the value of this Bianchi Nova Racing 12 v

First post here, so I hope I'm following all the guidelines...

Looking for a decent bike and came across this Bianchi
http://slo.craigslist.org/bik/2602946497.html

http://i853.photobucket.com/albums/ab91/miloleblanc/DSC_1421.jpg
http://i853.photobucket.com/albums/ab91/miloleblanc/DSC_1388.jpg

Components are listed as:

Campagnolo rear/front Derailleurs
Campagnolo Shifters
Campagnolo Record Headset
Gipemme Dropouts
Bianchi Crank
Diacompe Aero Brakes
Shimano RSX front brake
Diacompe Blaze rear brake
Araya 700c Wheelset
Continental Tires (made in Germany)
Brand New Cables/Cable Housing
Brand New Pedals
Brand New Saddle
Brand New Kalloy Seat Post
Brand New Benotto Racing bar tape

The market around San Luis Obispo is pretty high, as it is a college town, but I was wondering if this was overpriced at $550 (also since it's not in the celeste colorway). I'd bargain a bit as well, obviously. Anyway, thank you all in advance!

definitely overpriced. if your market is high though it then might not be much you can do about it.

nice bike though

definitely overpriced. if your market is high though it then might not be much you can do about it.

nice bike though

if I shot him with $400, would that still be overpriced in your opinion?

IMHO $400 is till a bit high but most of Calif is a hot market. very little of the bike, other than the cranks, looks to be original and the brakes as you can see/read are mismatched. the derailleurs look more like mid '90s Stratos (a low end Campi group). the wheels look pretty nice but I would have to suspect they are freewheel and the shifting is set up for friction. the frame is likely a mix of Columbus with Falck stays and fork.

Keep looking.