That one image does not show a tremendous amount.
Masi usually sent the bikes out left hand for front brake.
Rider preference, Merckx even changed his over his career.
The small bike does show the alternate seat tube bands, the ring of stars, if you will.
From observation the delivery of the two different types of Masi America bands were concurrent.
My guess is the ring of stars was used last. A few bikes received one of each type.
Post Carlsbad at some point they returned to the World Champion stripes.
Then later the Palmares box was reworked to the forward facing position.
That RH hood just looks sun or chemical burned, maybe both.
Brake levers are set lower than what would allow useful riding from the hoods.
Ray Dobbins did a string of well executed refurbishments. He has been pretty quiet and last I was aware had retired to central America.
Last edited by repechage; 10-29-20 at 09:17 AM.