Originally Posted by
Bianchigirll
I will be able to tell you more certainly on Monday what the model is but the year is '85 or 86 and I suspect it is a Nouvo "something" with and upgraded rear derailler.
I think the FD, shifters, and pedals may also be upgraded. How are they marked?
I will tell you that at 200$ I would buy that bike as it sits, no questions except for a thorough look over, but that's the dividing line for me. I think the parts have a bit of value, and the frame is my size (I think), so factor that in there. From photos, I don't see the rust as that bad.
Some of the value also is in your locale; some it's maybe worth a bit more, some less.
I also agree with Jet, if it fits, fix it up and keep it.