I have 1970 Mark Two Limited Edition #228. It was totally beat to hell when I found it, and Brian Bayliss repainted it, (and fixed the dents, repaired a dropout, and re-chromed it) keeping to the original color (though it is a little off -- a bit more brown perhaps than ideal -- but still very nice. By the way, mine is probably the one you saw on the Retro Raleigh site). I also have a scan of the 1970 catalog. The only colors shown and listed in the specs are the gold with silver, and the blue with silver. No red.
The limited edition sticker shown in the auction bike looks correct, and probably is NOT a reproduction. Assuming the bike was repainted (which I'm almost certain, though if true is probably an older repaint), it's quite likely the sticker was carefully peeled off and re-used. I know this works, because that's what we did with mine.
About the TI Reynolds triangle sticker on the fork -- that is another sign that this was probably a repaint. In 1970, the fork decal was a little "Carlton" sticker which became very hard to find for a long time. The TI Reynolds triangle sticker came along a couple of years later.
Finally, what exactly made the bike a "limited edition"? No idea. The bike was available with exactly the same specs, and in the exact same color schemes both before and after the "limited edition."
Kyle Brooks Akron, OH
________________________________ From: Jerome & Elizabeth Moos <email@example.com> To: firstname.lastname@example.org; George Allen <email@example.com> Sent: Wed, November 18, 2009 12:23:12 PM Subject: Re: [CR] ebay find? Limited edition Raleigh Pro, #281/500
Of course it it could be an old repaint from later in the 70's. The bike seems to be a color scheme simialr to the later Team Pro. I thought maybe the color scheme might be what constituted a "Limited Edition". But if you follow the auction link to RetroRaleighs there is another "Limited Edition" in the more brown and silver. So if not the color, I haven't a clue what's so "Limited" about it. RetroRaleighs describes (but no photo) that Limited Edition decal on a 70/71, so if it was repainted, the owner would have had to source a very rare decal. On the other hand, I didn't think Reynolds was using the TI Reynolds decals shown in the acution until much later than 1970, although Raleigh sometimes had Reynolds decals no one else did.
Big Spring, Texas, USA
> From: George Allen <firstname.lastname@example.org>
> Subject: Re: [CR] ebay find? Limited edition Raleigh Pro, #281/500
> To: email@example.com
> Date: Wednesday, November 18, 2009, 10:56 AM
> I emailed the seller asking if it was
> a repaint because of the red
> color. He replied that he had no idea. Does it look like a
> repaint to
> you guys? It has all the right decals and they do look
> George Allen
> Lexington, Ky
> Jon Spangler wrote:
> > Terrible photos, and a 3-day auction. Buy it now is
> $547 for this
> > 24.5" frame (accuracy?)
> > ebay # 170408678312
> > Jon Spangler
> > curious in Alameda, CA USA
> > Writer/editor
> > Linda Hudson Writing
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