Thanks for all the comments. I probably used the wrong term in restoration but my goal here is to clean and shine it and be able to ride it occasionally around town. I have no qualms about switching out the FD and RD for a more modern one. It looks like the Suntour ones will at least look appropriate. Is it possible to use a modern FD like a 105 with down tube shifters?

The frame is pretty badly scratched on the seat stays and fork and I was considering a complete repainting of the frame but that seems like overkill. Can the paint be touched up without removing the stickers? Below are before and after pics of the front brakes after removal and cleaning.



I have also cleaned the wheels.


The leather saddle needs some reconditioning.