Originally Posted by
cyclotoine
I don't think it is painted. Look at the chain. My bet is that is is a really poorly weathered finish. That bike has spent a good deal of time sitting outside. Look out for seized post, stem and BB.
Do you think the headset and the front reflector bracket were exactly the same color as the handlebar stem, and weathered to exactly the same color at the same time also?
I don't think so....