In NZ, badged stem that needs love, cheap…
RARE Vintage Cinelli steel stem with badge for sale - TradeMe.co.nz - New Zealand
Old mate’s been smoking something if he thinks that’s worth $140 in any currency.
given recent prices on these, i think its reasonable.
Given the rust and the price, the cost of re-chroming, the possible finish after re-chroming, and the fact I sold a near new non badged for $170 on ebay, I’ll stand by my earlier statement.
I know they are hot property, but that one is very tired.