The frame looks to be better than the typical bike-boom entry level stuff. You would never find Campy dropouts on such animals, and it looks like it has the built-in headset cups that good Bianchis of the 50's and early 60's had. That doesn't mean it's a Reparto Corsa Milan Bianchi, but it may be worth the $102 current bid.

Of course, the seller's photos do nothing to make that clear, and his reluctance to be comp0letely forthcoming (not to mention that thing isn't even close to my size) make it easy to give this one a miss.