do you know anything else about it? judging from the decal style and lack of a Piaffio decal I think maybe '85 to '87. it looks like NR rear derailleur and idea what the brakes and crank are? it could be a Nouvo Alloro Racing 12V
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“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk