Ciocc: What have I found?

[the teaboy]

Long story short:
- Guy buys Ciocc new and barely uses it.
- Friend pays £50 for it and uses it as a pub bike for 5 years
- I find it in his shed, in poor condition, and can have it for £50 if I want it.

There's no model name. It's got full Shimano 600 group, chrome forks, Giro d'Italia bars and Cinelli stem and Mavic rims. It's a 54 (I think) and has masses of toe overlap.

I don't have any photos yet but does anyone have any ideas what it might be and whether it's worth salvaging?

thanks

 

[the teaboy]

Looks like I should have put this in the sticky.

New around here and forgot to read the exam paper before starting the questions!

Sorry for the clutter!

 

[jCymbal]

photos...

 

[bm0p700f]

I know some with one. Nice looking bike. For £50 you cannot go wrong if the frame and most of the bits are good.