Factory paint, Peregrine HP48s, ridden not restored
The Master is the bike people picture when they picture 1987. This one wears its factory white/neon set with the kind of honest scuffing that only comes from actually riding flatland — and never from a restoration bench.
The HP48s spin true, the 401s are correct for the year, and the standers show exactly the wear you want to see: some, but not much.
A mid-auction addendum with macro shots of the head-tube gusset is expected — the seller is photographing it this week.
Addendum: macro shots of the head-tube gusset added at the seller's suggestion — no cracks, one paint chip photographed from two angles. Gallery updated.