Merlin Malt …? What’s she worth ?

Mobnob2

Retro Newbie
Hi
I’ve got this bike it’s a Merlin early version believe it’s a malt.
SRAM shifters and mech Shimano brakes.
Very good condition considering age.
What is she worth ?
Thanks J
 

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That looks like a Liyang frame. Has it got a frame number starting with LY on the outside of the non drive side dropout?
 
I’ve had several of these.

Had to give the frames away to get rid mostly.

Around £20-30 as a full bike if you are lucky.
 

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