Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Raleigh Grandprix Keep or Sale?
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RidingMatthew
05-25-09, 10:13 AM
My father in law gave me his old 1970's (not sure exactly) Raleigh GrandPrix. He said he hated to let it go.
I still have it but it is a little to big for me ride. I think. Is it doing anything to or should i sell and upgrade my bikes? http://www.sheldonbrown.com/retroraleighs/images/68-grand-prix.jpg It looks real similar to this one!
I will upload pictures soon. Right now it is in the basement at work.
Rabid Koala
05-25-09, 10:30 AM
The Grand Prix is the second to the lowest in the line, nothing hugely collectible about it.
I spent many hours lusting over the catalog pic you posted when I was in grade school. Christmas 1969, I got a Grand Prix identical to the one above. It served me well for about 4 years.
RidingMatthew
05-25-09, 10:48 AM
I was hoping someone would tell me it was worth a lot. I would sell it so I could put some money into my current bikes... or perhaps a new single speed!
thanks
CardiacKid
05-25-09, 11:46 AM
It depends on what you mean by a lot. It it worth more now than what your father-in-law paid for it new.
roccobike
05-25-09, 12:55 PM
Folks are trying to get $150 for bikes like the Grand Prix around here. I don't know how successful they are but ready to ride $80 Grand Prixs don't last long on CL. The key is, the bike has to be ride ready, good chain, good tires, good bar tape.
As for worth a lot of money, no, the GP has heavy frame with steel rims. I find the fixie crowd loves them as does the nastalgia folks who had them in the 70s.
ricohman
05-25-09, 08:11 PM
Not worth much. I bought a real nice one with Shimano 600 and aluminum rims for $20.
I would hang onto it as a keepsake.
I would clean it up and let it go. Decent low end Raleighs can fetch $100 around here from the hipster crowd, maybe $125 in ready to go, clean condition. I don't get sentimental on a bike that does not fit. Better to let someone who fits the bike enjoy it.
Poguemahone
05-26-09, 08:15 AM
The problem with pricing a Grand Prix is the price is completely component dependent. Specifically, check the rear hubs. For a short period in the early seventies, the Grand Prix shipped stock with Brampton flip-flop track hubs. A nice set of those can pull in 200 plus dollars IME. The rest of the bike has marginal value, though they're nice enough bike boom frames, and in current market conditions (weird) could be worth something more the the twenty bucks I think. Some of the Grand Prixs were made by Gazelle in Holland, I like those more, personally.