Interesting colnago in italy. surely repainted. Looks like a nice job though, if you like that look. Frame appears from the mid-70s, probably made and sold just before or after the graphics changes of 1975-1976..note the smaller club in the lug, with the larger club in the crown..that was typical of frames from 1975 or so.
It has the somewhat rare milled chainring seen on Mexicos from 1975, and was the successor ring to the one seen on the original Pantografata.
Price seems a bit high, considering everything, but colnago restorations to this period can be reasonably priced, depending on your penchant for chrome, and it might be worth a look to the right person.
and maybe you just want a nice rider, in which case, one could keep it as-is..
there is a handful of interesting 70s colnagos on ebay right now.