Your bike looks awesome. You got a great deal.
Your girlfriend's bike is probably not a Colnago as the sticker says. Not sure what it is, but it looks like it's aluminum.
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1964 JRJ (Bob Jackson), 1973 Wes Mason, 1974 Raleigh Gran Sport, 1986 Schwinn High Sierra, 2000ish Colian (Colin Laing), 2011 Dick Chafe, 2013 Velo Orange Pass Hunter