Senior Member
Join Date: Apr 2006
Location: Sacramento, CA
Posts: 3,009
Bikes: '53/'54 Bianchi CDM, '62ish Altenburger Cinelli Mod B, '69 Rene Herse Competition, '72 Motobecane Grand Record, '73-74 Colnago Super,, '73-74 Cinelli SC, '78ish counterfeit Confente, '82 Medici Gran Turismo, '67ish Mondia Speciale, Eddy Merckx Pro
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Supply and demand. I suspect that there are massive regional variations.
Here in Chicago, the number of 20-35 year olds looking for "vintage" road bikes far, far outweighs the local availability. Consequently, gaspipe goes for 100-200 and decent, but decidedly middle and lower range 80s road bikes will bring $250-300 if they are very clean, nice looking, and fully overhauled and ready to ride.