A fair price is ___?

Well well well there we go. Confirmation at last. Look at this example posted by andyp. Only 465 pounds and in virtually perfect condition. This one I'm looking at has some marks around the cranksprocket on the stay and seat post tubes.
and the seller in reality only gets to walk away with 400

My point was that £500 is a fair price, that one I linked to was an example. I bet the guy who sold it hoped to get more, i.e. the same as this one;

http://cgi.ebay.co.uk/COLNAGO-BITITAN-TITANIUM-FRAME-USED-CONDITION_W0QQitemZ270437892705QQcmdZViewItemQQptZRoad_Bikes?hash=item3ef75ac261&_trksid=p3286.m63.l1177

Have you got your mate's email address? I'm going to email him these two links and tell him not to bother selling it to a cunt like you.