The dropouts are probably Cyclo, like the ones on my '59. That's what they used in the fifties. It has shifter braze-ons, too. They're also Cyclo.

Probably nothing on the bike is original. So what? He's not trying to pass it off as an accurate restoration. That's fine with me. Restorations bore me.

The price is high, but he has a lot of money in that bike. He has the right to ask whatever he wants for it and you all have the right not to buy it.