Joined: Jan 2008
Posts: 23,639
Likes: 1,106
From: Mans of NC & SW UT Desert
Bikes: 86 Katakura Silk, 87 Prologue X2, 88 Cimarron LE, 1975 Sekai 4000 Professional, 73 Paramount, plus more
$50+/- in my market. Frames go cheap here. Cannondales from that era had self stripping paint. Expect paint to be mediocre.
Now if you have a pile of parts in hand, could make a good project. I still wouldn't pay over $50 for it. Maybe your market is stronger?