Ride, Wrench, Swap, Race
Join Date: Jan 2010
Location: Northern California
Bikes: Cheltenham-Pederson racer, Boulder F/S Paris-Roubaix, Varsity racer, '52 Christophe, '62 Continental, '92 Merckx, '75 Limongi, '76 Presto, '72 Gitane SC, '71 Schwinn SS, etc.
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I think that perhaps only the crankset and front derailer are original.
Someone found a donor bike, possibly a wrong-sized, wrong-gendered, damaged (or perhaps even stolen) bike (with higher-level fork and parts), then switched most of the parts to this frame.
Perhaps Italian BB threading and oversized seat tube prevented them using the better crankset and front derailer?
The square-cut upper end of the seat tube/lug suggest a lower-level frame, while the derailer hanger suggests it's not so bad.