Originally Posted by
erbfarm
$100 for a $250 bike seems obscene to me.
You're still not getting this. That bike that cost $250 in 1970, adjusted for inflation, would be worth $1321.26 in today's dollars. Knowing that, does that $100 in today's dollars still sound "obscene" to you?
And you're still not getting supply and demand. You live in the Boston area. There's a huge demand for classic road bikes in Boston, and a limited supply. What do you think that does to the value of classic road bikes?