I picked this up from a local bike shop last year.

As soon as I saw the sleeve lug I knew what it was , yet it had been forlorn in the back of the shop the past 3 years , no one knowing what it was…

It’s branded Milano for export outside Italy . Sr Alberto Masi told me #314 was one of the last he made, for a U.K. customer . You can see Masi on the drop out , M on the bottom bracket shell , and the famous Duomo Milano on the fork crown .

I later found a Masi USA saddle , and Campagnolo Record Titanium 8 speed gruppo to finish it .