Chombi1 

I remember seeing those satin black painted Bottecchia framesets at a local bike shop my brother and I frequented back in college in the mid 80's ("Wares" in Milwaukee, WI.).
Even when sold as new framesets, the paint was already flaking off on them. Some of the worst "quick release" Italian bike paint jobs I've seen on any bike. I suspect it would be easy to repaint the bike because it's easy to match that satun black paint. You just have to use the appropriate primer to make the paint adhere better to the fully chromed frame and fork.