Veltec did a lot of repainting in the 90's. And back in those years, they were pretty popular so having them repainted in Concorde colours wasn't that strange (first the PDM-pro's were riding them and later you had the Colstrop/American Eagly team with Adri VDPoel and Bart Brentjens).
Only thing I can say is that it has nice lugs and a nice front fork (looks a bit like the later MX Leader forks Eddy Merckx made). Difficult to say what tubing it's made from and think that makes a frame a cheap or expensive one.
Veltec did a lot of repainting in the 90's. And back in those years, they were pretty popular so having them repainted in Concorde colours wasn't that strange (first the PDM-pro's were riding them and later you had the Colstrop/American Eagly team with Adri VDPoel and Bart Brentjens).
Only thing I can say is that it has nice lugs and a nice front fork (looks a bit like the later MX Leader forks Eddy Merckx made). Difficult to say what tubing it's made from and think that makes a frame a cheap or expensive one.