Originally Posted by Kekec1965

I bought this bike few month ago - a mismatched crankset sporting a, what today would be classed as a sub-compact chainrings, some paint chips here and there, but generally in nice condition. The seller apparently bought it from the original owner, who had it from new since 1970s.

Is it real PH or not? I can't tell as no serial number found, but for the price I paid I will not be that upset if not, it rides nicely regardless.