One of approximately 60 Series III bikes made by Joe Breeze.  Great nickel plated fillet brazed frames which still used the horizontal Campagnolo drop outs.  The clamp on stem is attached to a brazed on stub in the steerer tube.  This stub has a Swiss coin brazed to the top of it and then plated.  The Breezer Series I bikes are generally acknowledged as the first purpose built mountain bikes.  There were 10 Series I bikes produced. The Breezer Series II bikes were a refinement of the Series I bikes and 25 of those were produced.  A hundredBreezer Series III bikes were scheduled but only about 60 were produced for a total production run of about 95 hand built Breezer bikes.  Production was later moved overseas for a run of bikes in the 1990's.  In my opinion, the first 95 Breezers are among the most "collectible" mountain bikes produced.