Trek 950, lugged, £20

Seems to be a common thing these days. There was an alloy Kona in need of rescue near me. Seemed ok at £50. He must have had a lot of interest as it went up to £250 pdq.
Now it si slowly on its way back down to reality.
 
I have the same model, a 1991 Trek MT 950 in a smaller frame size I paid £50 for, the frame has some bubbling in the paintwork.
We can't see the actual condition of the paintwork in the photo, unfortunately. it's easy to hide because of the dark colour.
 

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