The Nishiki?
Is it Reynolds 351? The ones as for here (Aus) weren't but that doesn't mean they make them. Without the sticker, it's not 351 ... but its been repainted and any sort of new sticker means nothing. There's probably some way of working out what it is but in the mean time, maybe assume it isn't. Ride it and if you like the game, value it on that (I love my Europa but she's only chromolly).

I hate coloured cranks, you may not, but what is it? If it's just a cheap something, you may find yourself buying another - I bought a set of cheap coloured cranks the destroyed themselves under the pressures of bike polo.

What are the wheels like? Are you going to live with them or replace them?

Regardless of the comments above, and I'm not challenging them, the question is, what is it worth to you? It you really like the frame and can see her building a nice bike that fits into your squadron, $100 isn't much to pay. We tend to get too wound up about names and bands and stuff.