Brand new this item has been in storage since it was first purchased in 2005 waiting for the owner to claim it, sadly that will never happen. Selling this item on behalf and I have been assured that it has never been used. It is in pristine condition since 2005. It has been independantly valued at a local bike store
to it's sale/reserve price. If you are a collector or remember fondly as I do this item (my friends had one of the mark 1 type with the gear shift on the centre bar I was very jealous) then seriously consider buying and storing this is a solid unit.