Nice catch! Time to dig into the old part supply box. This looks like a basic, entry-level road bike. It seems to have steel rims (possibly Rigida), steel handlebars, steel seat post, and "bolt on" hubs versus quick release. Does it have a high tensile steel frame? In some markets, you could probably get away with one brake, strip it of gears, shorten the chain, remove a chain ring, and sell it as a single-speed conversion for $150+. Or, sell it "as is" for $25 to $50. Or, clean it up, put on new tires, new bar wrap, cables & brake shoes (if needed), get it all squared-away, and get $75 to $125. Or, get it all ready-to-go and ride it this summer...if it is your size. The stuff you need can be had fairly inexpensively at Niagara Cycle Works, so don't worry too much about spending a fortune. IMHO, this bike is just begging to have a Pleitscher alloy rack added to it. Dump the turkey levers on the brakes and you can also add a small handlebar bag. Seems to me me that this would make a nice no-frills commuter, or a nice bike to throw onto your car-mounted bike carrier when you go on vacation...nice for touring around on. Around here (B.F.'s C&V), this is a fun project...just grab a few cold sodas and turn on the radio in the garage! BTW, probably from about 1980+/-, and showing it's age well!
Last edited by cycleheimer; 05-23-11 at 04:16 PM.