Actually these initial batches were TIG-welded (apparently to fulfill production obligations while the Tim Neenan-designed frame lugs were being cast). Note the plain Stumpjumper lettering on this frame. I always regarded the lugged Stumpies as a big improvement over these early TIG models, but agree this so collectible the price isn't too far out of line; this will surely hold it's value (because it's so rare). BB
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