$12K is alot to spend on a bike with a Huret Allvit front derailleur, mismatched shift levers, and a non-QR rear axle. It is interesting that French* bikes have been dominating the high end of eBay pricing.
*Euro-Heaven: British police; French lovers; German mechanics; Italian chefs; Swiss politicians.
Euro-Hell: German police; Swiss lovers; French mechanics; British chefs; Italian politicians.
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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