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@phasergunalex
Saw this frame as well, looks ok...paint looks to be nice condition. But the rear drop-outs are pressed rather than forged (this means they're not as rigid really), although this will still be fine for a fixed.
Considering it's got £15 postage i definately wouldn't bid anywhere over £40, and that would be an absolute max! You can get frames just as good for no more than £50.