I am tearing down, cleaning, re greasing and reassembling a 1977 or 78 Peugeot road bike. I wanted something that would qualify for the classic road bike get togethers that are becoming more fashionable. I still have to take the fork off. The spindle has loose ball bearings. I imagine the head set also has loose ball bearings. Someone gave it to me but there is no such thing as a free bike. Before: During: After not done yet.