Join Date: Aug 2001
Location: SE Florida, USA aka the Treasure Coast
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Carlton was more of a classic when it was an independent builder than after it was bought out by Raleigh. I should point out though that the Carlton shop was in responsible for Raleighs high line bikes for a period of time.
The Reynolds sticker indicates at least a good frame and maybe a top one. Are the 531 numbers diagonal? What is the rest of the text on the decal? Your looking for words like "double-butted" and "stays."
Regardless of the pedigree of the frame I'm surprised to see steel rims. Before the mid-1960s or so steel Dunlop rims were considered superior, even on racers but by the time of your bike that idea had gone away. At the least your frame would be comparable to a Raleigh Super Course which came with alloy rims. Replacement perhaps? What's the name on the hubs or rim decals, if any? The Gary Burgess bars and levers sound right for the bike.
A clean Super Course from the late 1960s might get $150 or so on eBay. A Carlton might get a bit more. If it's a full 531 frame lose those steel wheels. Sell it as frame only, cheap wheels will drag the price down.
“Life is not one damned thing after another. Life is one damned thing over and over.”
Edna St. Vincent Millay