If you do go for repaint it powder coat, I strongly recommend taking a very close look at the bare frame and fork when the paint is off. You never know what you will learn.

There may be spots of brass where something like a pump peg was once attached. Or there may be black stains from where the frame had once rusted. I was able to conclusively identify the maker of one frame I have because the original decals protected the steel better than the paint. Where the decals had been, the steel was silvery clean, but where there had been no decals there was the black stains.