Campagnolo frame? No such thing? What is this

Airmac9

Retro Newbie
Had to give this one a double take. From what I understand campy never made frames.

For sale locally for a good price and owner has no background info.

Anyone know what this could be?

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The giveaway will be the M panto on the fork crown. Trying to remember if I have seen it before
 
Sadly, it's a not-very-well-made (see the rather crude work at the rear dropouts and the very average lug-work), run of the mill frame, possibly CroMo, possibly not, that someone has stuck Campagnolo logos onto.
Even though the fork is either engraved or stamped with a maker's mark, there's no guarantee that the forks and frame have the same origin, from these images (although the fork ends haven't been any better finished than the dropouts ...)

Campagnolo made frame components (dropouts, mostly), they were never involved in frame production.

In recent years, Campagnolo have come to agreements with specific distributors and framebuilders that allow those companies to use the Campagnolo logo with Vicenza's blessing. However, it is almost impossible to control how unauthorised individuals, or others, might use the logo for their own ends. One only has to look at the number of wheels in the market that try to pass themselves off as Campagnolo, made predominantly in the Far East to understand how easily that can be done. As fast as Campagnolo move to close off one avenue on Ebay, Alibaba, etc., another emerges.

Other companies have similar problems, which came to particular light in the trade during 2020 / 21 with any number of not-quite-Shimano parts found their way into the market ...
 
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