Thanks, dbaki. This one, serial #45344, is typical of the 1961 (possibly very late 1960) Modell Campagnolos sold in various California bike shops. The frameset is full d.b. Reynolds 531. Correct original equipment includes Agrati steel cottered cranks with forged (not swaged) spider, steel Agrati road quill pedals, Campagnolo Gran Sport derailleurs, adjustable-reach Ambrosio stem, Campagnolo high-flange 36-hole hubs, Weinmann 999 centerpulls (610 front, 750 rear), and 27" clinchers on aluminum rims.
Here's a VERY rough, but complete and original, specimen which fetched over $300 on eBay.
Rant: Why do so many Capos have either a bike license or a shop sticker covering the Reynolds decal on the seat tube?
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"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069