The rear tire looks new, the front tire appears to be not so new with cracked sidewalls. While it is in a Park rack as has been mentioned, I don't see a lot of evidence that the bike has been serviced well. However it is in reasonable survivor condition. In my market were I looking for a mixte for my wife I would be a buyer at $40 bucks but reasonable asking prices I suppose would be about $50 to $75.
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"It is the unknown around the corner that turns my wheels." -- Heinz Stücke