That price is not too awfully bad. I picked up an almost all original 62 Radiant Green for $225 and it was also missing the fifty dollar S reflector. The chrome was excellent, SS fenders were very clean, the seat cover was like new, tag still on the rack and the paint/decals were in excellent condition. The one in your pictures is not all original. From what I can see in the 5' shot the shifter and bars have been changed out. Also it appears the paint is missing on most of the right chain stay and a crank scuff on the chain guard. Throw out a lower offer and see where the sellers bottom line is.