i found a bike just like this [ http://www.myfixedgear.net/raleigh-competition ] at auction tonight and i'm trying to get an idea of the value and quality of the bike. it matches the description with the shimano components etc. except it's missing the pedals and has a replacement trek seat. it's in excellent shape...no parking scratches...no corrosion anywhere. i'm guess it's mid 80s?
If it's worth 300+ i'll probably sell since i'm just looking for a beater right now.