I don't know if it is worth nearly this much but it looks tasty even in the small photos. It looks like the seller has a bunch of parts as well if you were to search with his number or city.
Cinelli 1A Stems/3ttt Stem - $30 (beaumont)
http://inlandempire.craigslist.org/bik/2821669899.html
1973 Raleigh Professional - $1350 (beaumont)
http://inlandempire.craigslist.org/bik/2821708632.html
21.5 inches (54.6cm.) C-T seat tube
21.9 inches (55.5cm.) C-C top tube
31 inches (79cm.) standover height
Excellent shape!!!, no dings or dents,nice paint and decals,everything is original,all Campy Nuevo Record.
Everything was taken apart, cleaned and lubed.
New sew-up tires.cables and cable housing.