WAAY too much for condition described.
edit
Damaged and repaired 70s frame with possible other problems - I'd pay ... Nothing. OK maybe $25 if there is something good to say about it and you really want a French bike.
If that represents fair asking prices in Portland area, you guys are out of line - even w/ Seattle.
JMHO
Last edited by Wildwood; 12-09-10 at 02:12 PM.