[CR]Doniselli Milano 4-speed touring bike

Example: Events:Cirque du Cyclisme:2004
Date: Wed, 15 Aug 2001 21:16:33 -0400
From: "Fredrick Yavorsky" <fred@twistcomm.com>
To: Classic Rendevous <classicrendezvous@bikelist.org>
In-Reply-To: <200108160000.f7G00bn21808@troi.cc.rochester.edu>
Subject: [CR]Doniselli Milano 4-speed touring bike

Just dragged home an interesting (lower-end) Italian touring style bike, perhaps from the 70's and I'm wondering if I should attempt a revamp of this very rusty thing. I'll take some pictures and post them tomorrow, but here's a short description: Doniselli Milano, with full fenders and chainguard. Frame decals are that shiny "mylar" style, frame is a very Italian chartruse yellow-green. Unusual, all-in-one-piece steel shorty bars/stem/brake levers with cute green rubber handgrips. Frame has head lugs similar to an old Legnano, but cross bar for rear brake and crossbar behind BB is a flat stamped steel type. Had chromed headlugs, fork ends and rear stays, before the rust took over. Stamped looking dropouts. Internally routed cables for brakes and rear derailleur. Campy clamp on downtube shifter with a 4-speed rear cog and Valentino derailleur. Rims are steel, and hubs are multi-piece bolt on type. Sprung (vinyl?) "SMP" brown saddle with alloy post. Steel cottered crank marked "W." Comet bell and fork mounted generator powering front and rear lights (wire for taillight also internally routed) Also has a neat alloy Zenit Mod 57 bike lock with keys attached to rear stays, the kind that puts a bar through the spokes. The brakes are sidepulls with the washer bearing the Bianchi name. Tires are dry rotted.

Should I waste my time with this beast or not?

Has anyone seen one of these before?

Thanks, all.