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@Dammit
Heh, dunno- it's been pretty cheap (for the frame) so far, but as ever it'll be a lot of small figures adding up to one large one.
Actually, lets have a look at it:
I paid £160 for a frame that couldn't really be used, £132 for the replacement tube and decals, paint will be ~£120 so that's £412 before I've paid Matt for replacing the tube, cutting the stem out and so forth.
So, lets estimate £550-£600 when it's done, which should be essentially an "as new" frame, with a braze on for a front mech which it currently lacks, and painted in a colour which I've chosen.
Issue is of course that this is steel, a material which Serotta no longer work with for new purchases, having a quick look at their site shows that a Titanium frame plus carbon fork would run to about $4,000, but as said that's not really a fair comparison.
What price would a NOS Serotta CSi frame go for would, I suppose, be a more apposite question?