Ebay and auction watch: let us know if you see something

[pippy]

Maybe a bit of ugly duckling/ beautiful swan? A ratty single-speed hiding a mystery high-quality steel frame (i.e. second photo/ head tube lugs)...

I could well be mistaken - pics of area are rather inconclusive to my inexperienced eyes - but the front hub with its central black circlip looks like it might be a late '70s(?) Campagnolo Record unit.