I am not very knowledgeable about the value of older bikes but I have been looking at this Colnago on craigslist. I would like to get it for $500. Is it worth it?

https://mobile.craigslist.org/bik/768318363.html

before one of the more cranky users jump on this and rip you a new one, might I suggest that you move this thread to the "Classic & Vintage" forum? I'm sure you'll find they are a wealth of knowledge

ten four. that's where i meant for it to go originally.

please don't convert that bike...

i'd convert it... nothings sacred

it appears to have vertical dropouts.

Buy it, then ride it every day.

oops... didn't notice that... that would be a tricky one to convert...

wasn't planning on converting it

file off the brake stays!

You could part it out, make some cash on the deal and go with an ENO hub. No problems with converting any bike in my opinion if you're gonna ride it. (Just don't even dream of grinding, sawing or filing off anything. Period)