Vintage Gino Bartali bike - is it any good?

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Morning campers, bought this off gumtree, needs some tlc but was it worth the £50 i paid?

Thoughts please
 

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mjr

Comfy armchair to one person & a plank to the next
Dunno. What's that on the chainstays? Just muck? And brake dust on the seat stay by the rim?

http://www.classicrendezvous.com/Italy/Bartali_Gino.htm makes it sound interesting. Any date codes on the hubs?
 
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