Well, not sure this is much of a "catch". I responded to a Raleigh Folder ad in a nearby town C/L. I was hoping for a twenty. I was also hoping for one in better condition. Oh well. The wheels are actually in pretty good shape, ditto crankset. I think the handlebars and frame should clean up OK. The chain guard is rough. Also has a nice rear rack. No seat post, and saddle was really shot. Fenders are rough. We'll see how it comes around. I'm probably the only guy around here that would have bought this one. Everyone else is smarter.
Unusual (at least to me) frame clamping device. Rear 3 speed hub dated 1966. Looks just like the 1967 Raleigh RSW folder, except in poor shape of course.
I am hoping for a keeper folder out of this project.
You can also see my bigger project in the background. My original rock steps are crumbling, as was the concrete porch floor (1934 vintage). This year's flip fund is going into the house. The house used up last year's flip fund as well. I think I see a pattern here.