My ALAN set me back about a hundred dollars the way you see it pictured. The frame set is all aluminum, with the tubes screwed and glued into the aluminum lugs. The paint is semi-gloss black and the absence of art was my choice.
The bike I got for nothing other than a bit of volunteer work. The Shimano 600 Arabesque grouppo came my way for nothing, also. About the only things I paid for were cables($15), bar tape($6) and tires($50). I might have installed new inner tubes but I doubt it it.
I might add that this is one of three bicycles, out of hundreds, that comes in under the twenty pound mark. The bike is a treat to ride, looks just great and is, well, Italian. I hated letting it go.