This is a custom ordered Formigli "Classic" steel frameset. The lugs are real gold. Formigli works with a jeweler in Florence who after meticulously preparing the lugs dips them in gold. Of course, the frame can be ordered with chromed lugs.
Hand Carved Rococco Style Bike Lugs - for the person who wants their bicycle to look like the arms of an MMA fighter. All joking aside though, on the right bike this would probably look pretty incredible.