Today's Humpbike, Puch, is a fine piece of Austro construction circa 1980. Puch, Astro-Daimler, and Steyr were the popular brands of the late 1970's. Puch made mopeds and BMX bikes at the time like these:
Today's Humpbike is a low end racer, what used to be called a "club racer." It has a high quality Reynolds 531 frame with mediocre components, though in the style of a high end bike. Probably about $350 new.
Pristine Weinneman Centerpulls
Large Flange Normandy hubs ooo, la la
27 in Weinneman Rims
The vaunted 531 sticker jacked by a ham fisted mechanic and a Park stand