Pls assist with a price reference.

At a guess is it will make less than £200, bad time of year and not 100% sure wot tube it is. Still there is no shortage of big money for conti 'name frames'.

http://cgi.ebay.co.uk/Vintage-Rossin-Reynolds-531-Campagnolo-frame-set-49x52_W0QQitemZ170418832496QQcmdZViewItemQQptZUK_sportsleisure_cycling_bikeparts_SR?hash=item27adc10470

I would agree, but its in a shop, so the guy wont let it go for a steal. But you might be right that an offer of summit like £170 could get it. Maybe even £150. Depends what you think the shop owner wants for it. Maybe try £150 and then make the second offer based on how insulted he is or isn't.