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It will take a lot of work but it is possible to sand the corroded areas and repaint. Results will be highly dependent on how closely you can match the paint color, which Cannondale called Viper Red. As I recall, the team members names were engraved in the area where your frame size (56) is...

Great find. Record equipped CAAD6 is a holy grail level Cannondale. I think it's a 2001 R5000 SI. The CAAD6 frames were only made for two years, 2001-2002. The catalog shows an AL armed crank, but it wasn't unusual for Cannondale to make parts substitutions after the catalogs were printed...

Looks to be in great condition. From a 1991 SE1000 I think.

Sounds right. I think I looked at the 2008 catalog but didn't see a BB Ultra.

I looked up some US spec Bad Boys. 2008 BB disc was around $1000 US, but it didn't have the Headshok fork.

I would have guessed that it wasn't that expensive when new.

Hard to find that specific model, but used Bad Boys and Quicks seem to be bringing $500-750. https://www.ebay.com/sch/i.html?_odkw=cannondale+raw&_sop=12&_sadis=15&_dmd=1&LH_Complete=1&_osacat=0&_ipg=50&_stpos=61345&_from=R40&_trksid=m570.l1313&_nkw=cannondale+hybrid&_sacat=0

You should be able to make money on that deal.

Wheels Manufacturing might make something. This looks to be a possible option, depending on how long the spindle is: https://wheelsmfg.com/bottom-brackets/threaded-bb/threaded-to-30mm-ceramic-hybrid-bb-black.html

Hard to beat an old 110 mm MTB crank, as they can be set up so many different ways. Are you going to keep it as a single ring?

I just thought it looked like the preparation for paint might not have been very good, as the paint came off in large areas. Zinc chromate primer is best for bare aluminum. I don't think it was used on the first few years of Cannondales, but I think it was used at some point. I have a MTB...

Nice to see this. I wasn't aware that the Crest frames were sold to the public as they don't show in the catalogs. Must have been the first team replica Cannondales? I'd be interested if it were 58 cm or larger.

It's looking better. I'm surprised at the large areas of paint loss - that was fairly common on older Cannondales but I wouldn't have expected it on a 1989 model. My first Cannondale was a 1989 mountain bike with the same black and gold paint. I had almost 8000 miles on it when it was stolen...

It would be interesting to see production figures for every model produced. Lacking that, we have to judge rarity based on what we see - and that is probably highly influenced by what our interests are, and where we live.

They are the most common of the late 80s/early 90s road models that had special paint dedicated to a given component manufacturer. The Black Lightning was always SunTour. There was also a blue/white bike that came with Campagnolo Athena, and a yellow/black bike that had a full Mavic group...

Here's another small KV style bike: 1998 F700. The seller will often take offers less than the asking price. https://www.ebay.com/itm/Vintage-Cannondale-F700-CAD2-Mountain-Bike-17-Shimano-Deore-XT-8-Speed-Mavic/313386516805?hash=item48f74ac145:g:Zd0AAOSwEvZgBf7F

It's been very cold here the past two weeks. Low tonight of -24 and high tomorrow of -17. I just came to get warmed up after moving snow with the tractor before heading back out to saw some firewood. I did find a couple of Edge rear derailleurs here, unfortunately neither is black.

Nice find. I would probably take it apart, clean everything and touch up the frame, and put it back together with the original parts that are still in decent condition. It shouldn't be hard to find replacements for any of the original components that are needed, with the crank being the...

That's along the lines of what I was thinking. I have no idea about the heat treatment relative to the best place in the production process to snag a frame to take home in the lunch box.