I think it's a Euro only model called the "Perthus". Miamijim could confirm.... It's like the top of the line (or very close to it) Peugeot for that model year. In VGC, I think that bike could easily sell towards $1K...and more to a classic Peugeot/Mavic collector...
Might be too nice for a daily highschool ride as it is prime bike theif bait..... unless your son can park it inside the classrooms and never take his eyes off it.....