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@loctez
If you want to remove the decals go for it. I hate to burst your bubble but Looking closer at your bike I think some/most of the decals have been put on after purchase. In particular the Dura Ace decals (those cranks are ex along with the rest of the gruppo) and the 531 decal. These frames were infact Reynolds 501 and i am afraid the 531 sticker you have there isn't genuine. 501 frames are still great and you still have an incredible deal at £20. So if you plump for new decals, get the right ones!