This spoke protector was removed from a 1969 Schwinn Continental. It is practically rust free. The only blemishes are some scratching, behind the freewheel, where it won't be seen. It looks like the chain may have slipped a few times. All in all, I think it would look pretty good on your project bike or restoration. I am selling it as is, with no returns, so look carefully or ask questions before buying. No international sales. Thank you for looking and please stay safe.