Great bike but the strangest looking damage I have ever seen on that head tube. Has something corrosive been spilt on it? Is it straight?
It is just paint flaking with surface rust underneath as opposed to chunks of metal flaking. There is a black electrical over it to avoid further cable rub.
The lugs used by Peugeot at the time look like the Holdsworth ones.
@Vince started
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Great bike but the strangest looking damage I have ever seen on that head tube. Has something corrosive been spilt on it? Is it straight?