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UnD3R0aTh
Seat is cool.
Brakes are` dime a dozen.
Rims ok but if old may not be, good, true, etc.
Frame, 531 main tubes, good, stamped drop outs and "claw" RD hanger not so much.
Crank, lower rung cottered steel, meh unless you love it, can be a PITA to work on.
Dawes are funny, kinda cool but these ultimately lower end. Maybe $25-50, just spitballen.