Joined: Sep 2011
Posts: 3,372
Likes: 598
From: Baltimore MD
Bikes: '72 Motobecane Grand Record, '72 Gitane tandem, '72 Raleigh Super Course, '73 Raleigh Gran Sport, '73 Colnago Super, '76 Fiorelli Coppi, '78 Raleigh SBDU Team Pro, '78 Trek 930, '81 Holdsworth Special 650B, '86 Masi GC, ’94 Bridgestone RB-T
I would disassemble the frame, fork, and stem before coming to any conclusions. It's possible the top of the steerer got bent or distorted too/instead.
As others have said, that is a great pickup, and a bike well worth putting some time and effort into fixing up.
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The man who dies with the most toys…is dead. - Rootboy