To start both look to be very nice frames that have some value. I'm know nothing of the brands but the first does appear to be genuine nicely 531 lugged frame likely from the 70's with original finish which gives some value siginificant value. While likely not as good of frame the second is very nice and does appear to have a complete 600 Arabesgue component group on it which if correct could add a lot of value. I hate to quess values on bikes like these but my ball park would be $300 each.