Originally Posted by
bicyclebits
It is a Reynolds 531 Falcon frame and fork. I had one with the identical lugs and fork crown with the same flat plate stay caps.
It seems like a reasonable price given that you will have to respray and buy decals.
Well, what do you know - it certainly is. Did a little search, and I found this:
Perfect match.
That said, I suspect that it is original paint. There's a mark in the paintwork that corresponds to the decals on the example above:
Also dug up an old discussion about the former frame here on BF - supposedly, the slightly different stay caps were another experiment, along with the decals:
http://www.bikeforums.net/showthread.php?t=407253
-Kurt