Originally Posted by
oddjob2
If you have unlimited time and financial resources why not if you have an emotional bond to that frame.
Personally, I try not to have emotional bonds to cold metallic objects, so parting with them for the most part is fairly uncomplicated.
Personally I enjoy "projects" and vintage stuff. Although it is easy to get too many projects.
The bike world is interesting, perhaps a lot of things are like that, but the raw materials to build a new frame from scratch (retail) cost more than purchasing a complete vintage frame.
This Mercier Aero frame appears to be quite unique, and far better than an Aerowind. So it may well be worth "saving" if done for a reasonable cost.
There is apparently one on E-Bay now though.
Mercier Formule 1 Aero Super Vitus 980 Arabesque Campagnolo Bicycle Vintage Velo | eBay
So, other than frame size, that puts an upper bound on the value of the frame/bike (unrestored).
Fix it for $100, and it might be worth doing. Fix it for $500, and one might as well just buy a different bike.