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Possibly rough, meaning rough paint... and no original forks by look of it. However its painfully local and on my hit list of wants! prob gonna have a wee cheeky bid or too! hmm... :?
As for price, i think The Karakorum was £450 my mate bought from our LBS, and IIRC I paid about £380 for my 91 Tequesta, at the LBS in the second half of 1991.