I have a Pinarello, yes, the early 80s variety of which the decals have flaked mostly off and look horrid. The paint is in great shape but the decals make the bike look bad. My plan is to disassemble the bicycle, remove the decals and replace them and then clear coat the frame (with real clear coat, two part and spray gun, I have the equipment) but now my question--. I don't want to damage the existing paint, the decals are not clear coated now, what solvent or method would be used to remove the remnants of the original decals?

Thanks in advance for any suggestions, I think BTW the original paint is blue lacquer over a white base over chrome.

I am in the same position.....exactly.
To remove the decals, use a product called "Micro Sol" it is used with decals for model airplanes, cars etc
and will not harm the paint. It's available at your local Hobby Store.

Sanchan

3M makes a synthetic finishing pad, they use different colors to represent the grit content. I would use the white pad (has the least abrasive content) and water. The pad will slightly dull the finish, but after you put on decals and clear coat the frame will look new again.

JR.
Professional Decal Maker

+1

It softens waterslide decals to make them conform better. It can also be used to remove old decals.

All of the hobby shops in my area have gone belly up due to the downturn, but you can get it online from Tower Hobbies.

I ordered some of the Micro Sol, thanks guys, will give it a try.

I'd start with soapy water and a thumbnail or guitar pick.

Easy and cheap, good results.
1-Hand-held hair dryer
2-Re-Solv It ($3-$4 any supermarket)
3-credit card you won't be using, or a good fingernail
4-WD-40 and a couple of shop rags.
5-Paper towels.
6-Rubbing compound.
7-1 Beer.

Apply some Re-Solv It liberally to each decal. This softens them and attacks the adhesive.
Wipe it off with a paper towel.
Heat the decal up with a hair dryer, and while it's hot, scrape with fingernail or credit card.
Once it's off, WD-40 on a shop rag and wipe off the excess adhesive.
Lightly with the rubbing compound all over the frame to eliminate fading/color difference.
Wipe off. Now you are ready for new decals and a clear coat protective finish.
Have the beer. Good job.

rubbing alcohol