I saw this bike in an ad for cheap 100Cad, the owner has no clue about bikes and couldn't answer anything about it, it looks to me like it could be a "fine" bike, any idea what it is?

It looks like a Raleigh Gran Prix to me. The anniversary badge places it around 1970. I’m curious what is going on with the shifters near the stem? It has cottered crank arms, made of chromed steel. Some people don’t like them since the pins can be fussy, but I think they look great when the are all cleaned up.

Late 60's Grand Prix?

I think you guys are spot on, I don't know much about Raleigh, where does it fit on the Raleigh spectrum? any idea what tubing it might have?! I've been searching for a nice vintage lightweight racing bike at a bargain price to restore to its former glory, have I found it?!

Grand Prix was just above the bottom of the lineup Record. Definitely not a lightweight and not a racing bike.

It's a solid bike on which to practise your resto skills. Don't sink money into replacement parts or upgrades.

Is that a flashlight hanging from the bars? Maybe some long throw Huret shifters as well. That's original to 1970 but they soon went to Simplex. I preferred the Huret.

Definitely a Grand Prix from between '66 - '70. Has geometry very close to all the better-regarded Sports Tourers in the Raleigh line-up of the era, and durable, competent components. The biggest complaint I have about it is/are the wheels. Sure, the frame tubing is a bit thicker, and it was more likely to have been brazed by one of the guys who was just back from a long lunch, or who was more intent on getting the lass in the paint department's attention than in thoroughly joining every mm of the seat stays, and not all the components were the lightest, newest or shiniest, but it is a great machine to run about town on, or to take a jaunt into the countryside with.

It looks like one of those "periscope" lights (my term, I don't know if they have a common name) that is strapped to the riders calf, near the ankle so that drivers will see this light moving up and down and therefore get the driver to realize there is something there to avoid. It has a forward facing lens that is white, or yellowish white and rearward facing lens that is red. The bulb is situated between the lenses.

Many of us used them in the '70's and 80's. It took two "C" batteries if I remember correctly.

Oh, you were asking about the bike. I think the responses above covered it pretty well. It look good but can use some fixing up and a shifter. I think those Grand Prix's usually got stem shifters.

Green Raleigh's always look good. I don't know why that is, perhaps it is just me.

"Periscope light", I like it!

I agree with USAZorro, it may not be high end, but it's still a good bike. On top of that, I like the aesthetics of the wrap around seat stay.