The white is original as far as I can tell. I have seen pictures of another one that has the exact paint scheme in yellow instead of blue so that makes me think it is original. The dropouts are Pinarello.
Originally Posted by
delicious
Cool bike. Looks like a late '80s Montello. Does it have Pinarello dropouts? @
Old Yeller has a very similar one posted on page one of this thread, and I also have one I'm in the process of restoring. Is that white paint original?