dddd

Photo #2 suggested to me that the OP already bought it. I think it's a good deal if it has no serious issues, fits the buyer, etc..

I liked the double-tapered stays, and was wondering what the stem was (Franco-Belleri made a lot of stems in the 80's, just not found on Japanese bikes).

I'd be measuring the frame angles and tube lengths. Not sure if replacement hoods for those levers are available, but good levers with hoods aren't hard to find used.

Hard to put a value on even low-cost bikes that appeal to me, once I imagine a finished product that serves a need. The purchase cost of the bike may end up being a really minor consideration.
I drove for an hour round-trip and payed eighty dollars for a Steyr Clubman in need of extensive work and which cost around 100 dollars new. My goal was to get up to speed on the classic-styled bike using only a five-speed freewheel here in the ever-rolling foothills. It was a lot of work, but I achieved this, and put thousands of miles on that bike!

jonny7

Indeed I already have a pair of BL-6401 that I could use. But I'll try WD40 first. It has done miracles for me in the past with white hoods!

dddd

Might it be possible to ride the bike over to the shop, perhaps someone there is old enough to remember details about the frames/bikes!

jonny7

I sure hope I'll go climb some hills in Provence one day

T-Mar

It looks like mostly 2nd generation Shimano New 105, with a newer 105SC rear derailleur and an older 600EX front derailleur. There's enough New 105 that it was probaly OEM and that the bicycle dates to 1987-1989.

jonny7

And the brake levers are 6401, so this puts us at least in 1988, correct?

T-Mar

Not necessarily. New 105 was the 1st Shimano group designed with the SLR braking system and it came with aero or non-aero levers right from its debut for the 1987 model year. 600 Ultegra didn't receive SLR until 1988. Had this been a custom build, there would be no reason not to use New 105 with the aero option, right from the beginning. More likely, the bicycle was orignally spec'd with non-aero New 105 brake levers and the original owner replaced them with 600 Ultegra in 1988 or later. I'll even go further and suggest that the replacement took place after 1989, as in 1988 and 1989 matching New 105 levers were still available. That would have have been my preference over 600 Ultegra, as besides the finish difference and being less expensive, the New 105 levers were much lighter.

To possibly narrow things down, the frame might have a serial number with a known format that may allow us to determine the manufacturer and date.

jonny7

Sadly the only thing I can find is the size.

The dropouts are Gipiemme.