Thought I'd show you my Galaxy that I picked up from the Bay a few months ago for around £60 for the whole bike.
All the parts came off the frame without too much trouble, which is always a bonus!
531 tubing (or so the stickers said so!) Paint was bad, decals worn out, couple of dinks that I silver soldered (they were nothing structual)
Basically, I nitromored & sanded the frame to death, bead blasted & my mate powdercoated it for me.
I picked up a new headset that I've fitted (it was a JIS which is 30.0 cups & 27.0 fork race.) The old plastic pipe over the steerer tube worked a treat to get the race installed
I have a new Tange BB to fit. The rest of the Suntour kit came up OK, so will use that.
The freewheel & chain also seem OK.
Stripped, polished & rebuilt the front wheel as the spokes were rusted badly, just need to do the same to the rear now!
I don't really want to cut the steerer tube down, so used some of the old 1" spacers from the old headset, but they're a bit wide, so if anyone knows where I can get some narrow ones from, I'd appreciate the advice.
Anyway, here's the before & very basic after.
Would anyone be interested in photos as & when I've completed "the next bit?"