Hello all,

New to the forums but a long-time lurker. I was wondering if someone could give me some advice on the make/model of this bike. It looks to be a Diamant Record from the sticker on the frame (first picture) and the emblem on the headset (second picture).

From what I've read, the name Diamant belongs to either a Belgian or German company, but the italian flag on the front emblem is throwing me off. In any case, it looks like a nice bike.

The third picture is just a pic of the whole bike.

The one thing that concerns me is the cap on the top end of the seat stay, where it meets the seat tube. It looks chromed out, but also "wrinkled" (first picture), which leads me to believe that this bike may have been crashed. However, I'm not sure and I could definitely use advice from the knowledgable folks here.

Thanks in advance,
Prashpad

Doing a little Googling, I found this:

Travels with a Tin Donkey: A Herd of Tin Donkeys: A Cicli Diamant, My Flahute Bike

My newest bike is one of those. It is labelled as a “Cicli Diamant,” and was sold by the big Diamant (“diamond” in Flemish) concern which sold those utilitarian kind of bikes referred to previously. This is not to be confused with the East German Diamant brand, now owned by Trek and building utilitarian bikes or the Diamant company that builds Cippolini bikes in Italy. The “Cicli,” which is obviously Italian, stems from the seventies when Dutch builders thought it would be good policy to pretend that they were sort-of Italian. The bike was actually constructed in the workshop of Eddy Martens, who built for a huge number of brands including Coppi, Jan Jansen, Concorde and another Belgian-Italo brand, Scanini. Eddy Martens was not immune himself to the lure of the south and produced his own brands under the Martelli or Martelly name. He continues to produce frames under the Martelly (or Martens) name here. He built bikes for pro teams in Belgian and there was a successful Sigma Paints-Cicli Diamant team. Its most noted rider was Etienne de Wilde. Unfortunately, the team jerseys, which come up on E-Bay, are hideous.

Stay caps are not the sort of things that "wrinkle" when a bike is crashed, I wouldn't worry about that as the frame seems sound and straight in the seat cluster area. What happened to those stay caps is mysterious: they would normally be the place for a brand-name to be engraved (pantographed) but that cap looks like somebody "scribbled" all over it with the panto tool. I wonder if someone intentionally tried to erase what was already there.
If so: what was it and WHY?
How about a close-up of both stay caps?