I have one bicycle that has a small wrinkle in a tube, my Zullo.

Sizable enough that I am keeping her around for light Sunday rides, but certainly not offering her for resale.

I keep her because she is a pretty frameset, and i love to look at her!

As for buying something with a ding/dent, I usually wouldn't give a bicycle frame a second look with this defect.

However, I have a friend that raced an Independent Fabrications cyclocross bicycle this last fall.

It has a decent handlebar ding in the tt, and he's offering it to me for peanuts.

I need a racing frameset for the Almonzo 100 in the spring, and this may be the right one.

So, I won't be buying this for looks, and it will probably be safe enough.

I'm still going to have a local builder look at it to give it a diagnosis before I buy it.