Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - 1970 Sears with a twist

I finally got a bike that I acquired back in January running pretty well. I think I'm going to flip it. It still needs the cosmetic work done, but assuming it polishes out pretty good, how much should I ask on CL?

http://i42.photobucket.com/albums/e341/Doohickie/09Sears/HPIM0518.jpg

http://i42.photobucket.com/albums/e341/Doohickie/09Sears/HPIM0522.jpg

The Bike: 1970 Sears ladies tourist, made in Austria.
. Frame bye ESGE
. Weinmann brakes
. Shimano Lark 5-speed derailleur with 2-speed internal auto-shifter (basically an automatic overdrive that shifts based on wheel speed)
. Bike is intact and mostly original
. Rear tire is original with white sidewall
. Front replacement tire, although a different tread pattern, also has a white sidewall.

Internal hub shift point is adjustable by rotating the spoke protector prior to riding

http://i42.photobucket.com/albums/e341/Doohickie/09Sears/HPIM0535.jpg

The damages:
. Minor dent in the front fender
. Previous owner attempted touch up on the down tube with a paint color that didn't quite match. From some angles it's barely noticeable, from others it's :twitchy:
. Several scratches/bad paint consistent with a 40-year-old bike that's been ridden vigorously for several years.
. Rear axle has stripped threads. Putting a double nut on the non-drive side holds everything together just fine. I don't want to attempt to repair the axle due to the unusual two-speed internal gearbox. I can't even figure out how to get it apart (I suspect I need a chain whip or two).

Still to do:
. Replace cables with new ones (with nice, white cable housings)
. I think I'll put puncture guards in the tires since taking the back wheel off might be an ordeal for someone who is not familiar with it
. Basic cleanup & adjustment

So to summarize: It's a mostly original vintage bike with an unusual (and I think very cool) geartrain. The frame is obviously a bit beat-on, but is completely straight. The rest of the bike is clean.

What should I ask on CL? What should I take? By the time I finish everything, I will have about $20-30 in this bike (cost of bike & parts).

$150?

Ya think? I don't know that it would go that high, but I could always ask that and take less.

I have yet to flip a bike, so maybe I'm selling myself short...

$75 tops in my market.

Clean, serviced, ready to ride== $125 -150 around here.

In my market.
$10-$15 bucks will buy a better bike.

Thanks for the inputs. I'll probably ask $120 or something like that, and take anything over $70. Maybe a little less.

Thanks for the inputs. I'll probably ask $120 or something like that, and take anything over $70. Maybe a little less.

Sounds about right. I had a 3 Speed Sears ladies model in rough shape, but ride worthy. I donated it to our church bike missionary last month. Another guy, a flipper, was selling the men's 3 speed model. It was immaculate. He started out at $100, last I saw it was down to around $60. I'm guessing that's what it sold for. They are nice good quality bikes, but don't get much respect.

I saw the mens verson of this at a local thrift store for 12 dollars and I passed on it.