can't tell enough from those shots-- yes it could be a heavy gas pipe number from the bike boom, but it might be just an old one (when cottered cranks and CP brakes were state-of-the-art). Looks like at least the entire head tube is chrome plated, maybe the entire fork is, too. If the whole frame is chromed under the transparent lacquer, this is called "cromovelato"...still no guarantee of the bike's value. How about some more pics?
I'd sure want to keep that down tube decal intact, if it was my bike...priceless!