Classic & Vintage - Found a Sekine

I came across this Sekine in the darndest spot, It's proberly not hot because the shape it's in and the wheels are flat, and other broken parts, Did you know bushes grow bikes? Some lady told me I could have this if I got it out of her bush lol it was in there good.

http://img.photobucket.com/albums/v309/demonic_inu/100_0338.jpg
http://img.photobucket.com/albums/v309/demonic_inu/100_0339.jpg
http://img.photobucket.com/albums/v309/demonic_inu/100_0340.jpg
http://img.photobucket.com/albums/v309/demonic_inu/100_0341.jpg

It looks fairly old, also, what is that thing the nut is holding on?

Nice find. I found a matching 60cm frame in the alley behind where I work. It had the same decals, color and headtube badge. Does yours have a sequin in the middle? Very classy, indeed.

I rode it for a little, but it was waaay to big for me. I ended up selling to a friend for a very reasonable price who is much taller. He's not too into bikes, but commutes on it daily and loves it.

It looks fairly old, also, what is that thing the nut is holding on?

Its a bike license. Its was regestered with the police.

Not sure about the sequin, not even sure what that is. lol but it looks like a very neat bike, if it was a mens I'd love to ride it, it's not though, I like it though.

Other then being a Chick's bike this rides very nice and cleaned up like it was new, I think i'm gonna sell it though, since I wont ride it, what would this sell for all cleaned and shiny?

All cleaned and tuned up with new tires, brakes, etc would make that about a $100 bike. Your location may make that worth more.

BTW the seat mechanism is mounted backwards and the rear brake cable is waaaaaaaaaaaaay too long.

I fixed the seat and around here, people always sell these old bikes for like 200$ and they aint all that classy or anything, just shined, I will sell it for 100$ though, maybe way less. also the cable is fine, it's just pulled way down and needs to be brought back up.