Hopelessly addicted...
Join Date: Aug 2009
Location: Central Maryland
Posts: 4,955
Bikes: 1949 Hercules Kestrel, 1950 Norman Rapide, 1970 Schwinn Collegiate, 1972 Peugeot UE-8, 1976 Raleigh Sports, 1977 Raleigh Sports, 1977 Jack Taylor Tandem, 1984 Davidson Tandem, 2010 Bilenky "BQ" 650B Constructeur Tandem, 2011 Linus Mixte
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1963 Hercules frame
The Hercules are charming old bikes. I have at least 12 in my collection, most dating to before the Raleigh/TI merger. I prefer the Birmingham Hercules, but a frameset for $40 sounds pretty fair, though you could probably buy an entire bike for not much more in many parts of the country. I'd still try to talk the guy down a bit, were it me.