Joined: Sep 2005
Posts: 3,003
Likes: 303
From: Hervey Bay, Qld, Australia.
Bikes: Colnago (82, 85, 89, 90, 91, 96, 03), 85 Cinelli, 90 Rossin, 83 Alan, 82 Bianchi, 78 Fountain, 2 x Pinarello, Malvern Star (37), Hillman (70's), 80's Beretto Lo-Pro Track, 80's Kenevans Lo-Pro, Columbus Max (95), DeGrandi (80's) Track.
I would guess that the missing frame decal would be a Reynolds 531 decal to match the decal on the fork. I don't know much about the Falcon Merckx's but I thought they were lower level machines. Your frame looks like the 'real McCoy'.
If it is a Colnago or De Rosa Merckx I would suggest that it would be worth more in its original state. I'd clean it up (steel wool, cut and polish, perhaps a bit of touch-up paint, etc.) and keep it original.
I'd do almost anything to have a top class Merckx Molteni frame.
I know others will be able to more correctly identify the frame.....hope it's the real McCoy,
Gary.
P.S. don't strip the paint off it, I think you'll regret it in the future.