Actually looks like an early K3 or 1973 frame (221XXXX) with an early style ducktail seat where the foam may be modified or just smooshed down. Engine maybe a K4 with a 232xxxx starting serial number ? Congrats on your find looks to be very clean and nice. http://www.sohc4.net/cb750k-serial-numbers/
Thanks! I appreciate pointing out the mismatch and the correct model... I was not smart to not check the engine/frame match: I trusted the seller as he is had a 100% positive review on Japan's Yahoo Auctions with 176 bikes sold and specializes only in 1970's bikes. Evidently I was wrong to trust him as it seems that this is a K3 (not K2) with a K4 engine...
Well, all in all it's not too bad as I paid the equivalent of 5,600USD, including transport from Kyushu to Tokyo. I think that this bike was imported from the US to Japan as the instruments are in miles, not Km. I did not go through with my initial plan to buy the bike in the US and then ship it over to Japan (I live in Tokyo) but... fate did it for me!
I'll certainly try to get some discount for the misrepresentation, though it might be difficult as the seller is in the Kyushu Islands... many hundred miles away... but I won't report the listing as "fraud" even though it was listed as K2 and I was adamant on buying a K2 because of sentimental reasons.
I would like the forum's opinion:
1) Are the K2 and the K3 very different technically?
2) Is there a big difference in value between the 2 models, in the US?
3) If I keep the K3 body original, does the later K4 engine hurt the collector's value a lot?
I think that it should not make too much difference: from K3 to K6 there were not many changes and it does not modify the historical value. I think that it would have been different if it had been a K2 (or, worse a K1, K0) with a K4 engine...
I now realize why it was cheap... but I have to be honest, I am not affected in the least as far as ownership pleasure is concerned. I really don't care if it's a K2, 3, 4, 5 or 6 as they all look very similar to me. I would have been pi..ed off if I had bought a K3 listed as K1 (or K0)! The only real reason why I was glad to have bought a K2 instead of a K3 (4, 5 or 6) was not the value but the sentimental whim to retrace the footsteps of my dad who recently passed away: he rode a K2 with my mum (pillion) on the desert roads of Libya and Tunisia when I was a kid and I remember how fascinated I was when they returned home and told me about the bedouins, tea in the desert, sleeping under the stars on the sand, the dust in the face, etc etc... any kid would have fostered those memories into a myth... but it makes no difference to me if I am riding a K2 or a K3. I am still doing it in memory of my dad... and my wife and I have already started enjoying the rides and planning our own little "myths"!