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@Dutch_Cheese
It's low end plumbers steel. Same as your central heating and my 1st schoolbike.
They gave it some racing style dropouts, drop bars andcalled it a racing bike.
It does the job, but don't expect anything from it. No real value. I would say a tenner or so for frame and fork.
If you like nice Gazelles, start looking for Tour de l'Avenir, Trophy series, Formula series and Champion Mondial.