OldTel
rBotM Winner
Hi, attached is a 1949 bullet which again points to your one being just a touch later. Was the Bullet 3 the lugless version - possible. If the rust is potentially a risk going forward paint it, but if it cleans up okay, can you touch up the dodgy parts ? Its your call in the end up. If it was me, I would do it up as a mid fifties 'racer', high flange steel hubs, benelux gears, williams or nicklin crank, 27 inch wheels, drop handle bars and gb brakes, not easy but will look the part.