Do a google on "Oxalic acid bath Bike Forums" and you'll find many helpful threads on rust removal.
Some of your chrome looks like it's rusty enough to be pretty badly pitted, but you won't know until you've given it the acid bath. Start with that, because oxalic acid is cheap ("wood bleach" at your hardware store) and then decide what you're working with. If you have to replace/rechrome any significant pieces, I doubt the bike would net you anywhere worth your time an effort to really make a profit on it.
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● 1971 Grandis SL ● 1972 Lambert Grand Prix frankenbike ● 1972 Raleigh Super Course fixie ● 1973 Nishiki Semi-Pro ● 1979 Motobecane Grand Jubile ●1980 Apollo "Legnano" ● 1984 Peugeot Vagabond ● 1985 Shogun Prairie Breaker ● 1986 Merckx Super Corsa ● 1987 Schwinn Tempo ● 1988 Schwinn Voyageur ● 1989 Bottechia Team ADR replica ● 1990 Cannondale ST600 ● 1993 Technium RT600 ● 1996 Kona Lava Dome ●
Last edited by Lascauxcaveman; 06-24-14 at 03:00 PM.