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This is the original advert here: http://www.retrobike.co.uk/forum/viewto ... ekerf+team
It's been on Ebay a couple of times and reached £250-300 or so, but not the reserve. Probably as a result of the size, and (IMO) wishy washy non original colour.
If the seller is realistic with the reserve, you could be getting the nicest bike you've ever ridden, bar none!