Kind of at the same level as a basic Peugeot. At that price point, it lost the "all steel bike" qualification and added some nicer touches like the GB allow stem, the non-cottered cranks, the Normandy hubs, etc. The frame was more like a racing bike, but the tubing was pretty much the same one they made the Superb "English Racer" 3-speeds with. But it's a nice bike to have just to ride around on, although it's probably around 30 lbs. I wouldn't mind having one today myself. Can't go wrong for 30 bucks!