Turkey levers, steel pedals, steel(?) seat pin with steel clamp, bolt on wheels, stem shifters, stamped dropouts, garbage saddle, steel(?) bars, swaged cranks.

C'mon man!

It's a beater bike, and people want it cheap. I do think the overhaul is worth something, but not $200.

Another example. I sold this 63cm, unreconditioned, Dawes I believe, in one day. Asking price and price received was $60.