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Aelle tubing - as I suspected - indicates that it is indeed an entry-level model. I don't think it's a leader since they were usually made from higher quality tubesets + as I mentioned before, afaik leaders have the round cut-out at the edge of the headtube lugs.
If you want to find out the model, google: "olmo aelle" and see if you can find info on what models used this tubeset. This olmo gran prix comes pretty close, although the decals indicate that it is older than yours: http://www.mytenspeeds.com/My_TenSpeeds_1/Bicycles_Table/Italian_Bicycles/Olmo_Bicycles/Olmo_GrandPrix_Orange/OlmoOrange_FullSide.jpg
Sig_Arlecchino-
My Super Gentleman is Aelle. And it's definitely not lower end, it also has the same forks as yours does @dazzrie (photo below)
I'd assume late 70's early 80s for yours. Check out:
http://bulgier.net/pics/bike/catalogs/
Which can be useful for dating Olmos from this period
Edit: has it been repainted? Just those decals and the details of the frame seem odd to me? -
That Grand Prix looks quite close apart from the forks. What would you say it worth if I was to put up for sale, as it's too small for me :(
mjw1988
dazzrie
Thanks for the info.
I think it might be a leader, would I be right?
Also has 27x1 wheels.
Here's more pics