used 57cm. Raleigh Competition, Reynolds 531 bicycle lugged

This bid is for a used 57cm. Raleigh Competition, Reynolds 531 bicycle lugged frameset, needs paint work. Showing rust residue at the 3 top tube brake cable guides, and the edges of the lugs. As well as areas near the BB. Needs sanding and touch-up, or complete refinish?  You decide.  The frame/fork are aligned well, and show no dents or bends or distortions. The 57cm., is measured to the top of the seat lug. Rear end is 126mm OLN. Top tube is 55.25cm center to center. The fork is threaded 1" x24tpi., and fits a quill stem of 22.2mm. Fits modern standard reach sidepull calipers with 700c wheels, that center of brake hole to center of axel is 360mm.  Bottom bracket is 1.370 x 24tpi-English. Seatpost 27.2mm. Fits 23 & 25mm tires. ..     ,,,, .   . .   $40 Shipping 48 states.