About month ago I went to the balefill to drop off branches in exchange for a voucher which will get me $5 off off wood chips in the spring. They grind up branches, leaves etc and make wood chips, compost and mulch so all that gets recycled instead of buried in the balefill. Folks also drop off bikes they don't want and that's where I picked up a Tange chromo Bianchi Nyala frame, which per the Suntour Mount tech derailleur was a 93. Nothing else on the frame but a corroded BB, heavy cranks with triple steel chainrings and some Deore cantis which were missing parts. And the frame and fork weighed at least 9 lbs.
But, bored as hell, I poked through my stuff, found a good UN55 cartridge BB, an ok saddle, a couple of wheels, cheapo brake levers, crap pedals and my summer semislick 2" city tires. I bought a Tange head set, a seatpost, new cables and cable housing and a pair of v-brakes. The seat post was too big, although the LBS guy and I found specs that said it was 26.6 and that is what we ordered . Also on hand was an ok 40 tooth chainring, a semi cherry Sugino rd2 crank set, a cobbled together KMC chain, a flat bar and Ergon grips with small bar ends.
Sanded down the seat post a bit, greased the jockey wheels on the derailleur, and repacked the wheels, changing the parts on the rear hub to center it in the chain stays. Put everything together and it works pretty well. In the summer the sun heats up my minivan to 60C and that will cure a rattlecan paint job fairly quickly. I will strip the frame and fork, treat the rusty spots and paint it when it is warm enough outside.
I think it is about 27 lbs as is. The saddle and the single aluminum chainring stripped some weight.
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Between the long wheelbase and the 2 " tires it has a pretty plush ride. I do love level top tube chromo bikes and this one with studded snows will be good enough in the winter months. Light years away from the elegant jobs I've you guys turn out but still fun to work on.