Japanese manufacturer Miyata is no longer a heavy hitter in the bike world but is one of the oldest and most distinguished firms, with origins stretching back to the late 19th century. From our experience, bikes from Miyata were of a simple design but always exhibited extremely high build quality, evoking a certain 'handmade' feel absent in many other companies' offerings.
This frame is no different - from the 'Miyata' stamped at the top of the seat stays, the very clean welds and lugwork, the adjusters at the rear dropout, and the abundance of eyelets for rack and accessory mounts - this frame is clearly very well built. It is made in Japan from Miyata's own 'Spline Triple-Butted Chrome Molybdenum Tubes' and includes the original riser quill stem for a laid-back ride position (if that's your thing).
Unfortunately the main sticker on the drive-side has been lost but the other side is intact (and is very cool).
This would make a nice city bike or steel tourer. Please note that the rear brakes are u-brake only, while the front brakes are v-brake or cantilever.