I recently scored a free 1974 Deelite Apollo 10 speed. As far as I can tell, it has all original parts, but most of the stickers have faded out and there are a few places where the paint has failed completely on the tubes.
As a project bike, would you consider stripping and painting the frame, or simply replace what needs done (tires, bar tape) and ride it as is?
Do whatever you want! It’s yours to enjoy
Hah, true enough! I knew of course that this was the only right answer, but still enjoy hearing what other folks would do in such situations.
I just had mine painted. Never liked the original color. Very happy with my new/old bike now.