looks like it is one of the lower end merckx branded bikes. While not one of these japanese made ones, it could be one of the 2 or 3 [ Falcon made them in the US & UK and Miyata made them in Japan.] other ones branded with his name. So probably legit. Though not worth what the seller wants for it. $600 and still not at the reserve. but what do I know?
http://prollyisnotprobably.com/2010/...mondays_48.php