The frame definitely is quality but there must have been an issue with the prep done for the paint job. The paint is peeling and flaking everywhere. Disappointing since I like the color and can't afford a repaint. The previous owner had a kickstand mounted loosely at the bottom bracket on the chainstays. Rocked back and forth and scraped up the metal quite a bit.
Any idea what spacing the rear is supposed to be? 126, 130mm? The hubs on it now are not original, probably late 70's low-end. I assume they are 120mm.