Originally Posted by
Catnap
the problem with these is that despite being fairly rare, having the Cinelli logo all over them, and having a cool back story, buyers who want a Cinelli will buy a Cinelli. from what I read, that's also how consumers felt back when this bike was introduced by Centurion, and that's why it was not successful. Additionally, Cinelli sold their lugs and BB shells to lots of third-party manufacturers, so a non-Cinelli bike with Cinelli engravings is also not a rarity. I'd put the value in line with other high-end production Japanese steel frames of that era but nowhere near a Cinelli of the same quality & vintage.
I would agree for top price buyers wanted brand brand frames where the brand on the bike was who actually made the bike.