Mystery french 531 bike

Barent

Retro Newbie
Just saw a an old bike inside a wood barn on my work day. Thought I'd ask people who live there where the bike owner is and try to buy the thing for cheaps. Curious about it but google doesn't give me any info on the brand.

It was marked "D.M. Champion".Quite good paint condition with no rust! Blue colored, with world champion stripes on seat tube. Looked pretty cool and original to me. Maybe 1960s?

Reynolds 531 tubing sticker on the seat tube.

-Simplex levers and rear derailleur, no front der.
-Cottered cranks
-Fenders and wide rims and tires

Is it garbage or of some value? Most importantly: Should I forget about it or pay something?
 
must be worth getting some pics , if it is reynokds 531 it must be of some quality . more info please
 
Today I heard an old man owns it. He'll be here before weekend and I gave the neighbour my number. Hope he calls me back...
 

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