le'ehov, I don't assume that even though you've admitted that you "know" nothing about such bikes, you wouldn't know enough about bikes in general and are handy. That bike was photd'd just laying there with disregard could count for something, not everything. If the seller was trying to be smooth, he could've had it possitioned it to look good. It seems rideable which would help you should you decide to visit him.
I've been focusing on that brand for some thirty years; newer ones, those with post '87 coponents but never bought one. They're excellant bikes, searching the net under the name will bear that out. There's not one incongruent statement, part or other feature in that bike that I can detect. I know what year it is but choose to give myself wiggle room so I'll call it a mid-'80s. ALL the components I've spotted and the man's listed are TOP NOTCH. The frame was among the very best of it's time; it's SLX and has the chrome and was given other treatment by the builder and the person who selected the components that are consistant and worthy of such. All that's within the bike is neither to old or overly difficult to obtain should one need to.
Pinarellos, Cinellis, Colnagos, Merckx's and others may carry more weight in the used market and are more favored at large but then again they can cost double the price of that and aren't better. Some afformentioned brands actually do carry more weight, the Ciocc @ that weight (which is precise by the way) is lighter.
Ciocc and other brands; Faggin , Battaglin and just a few others are from the Veneto region of Italy, not anywhere near Milan, different region. Different building history, not exactly the same style in frame building, different folks and competition as well as snobbery exists in Italy too. I see it when I visit "home". All this just may account for some lack of cache that the brand carrys.