Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Given a Miele 12 Speed - anyone know how much it's worth?

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trelynn
08-02-09, 11:52 AM
Hello,

I was given a older 12 speed Miele road bike. Can anyone give me an idea of its value? I don't know anything about road bikes - except that Miele is a quality brand.

Here are the details that I can gather:

A sticker on the frame reads "Tange 2 Double-butted tubes". Another reads "CICLI".

'Miele by Ambrosio' Tires
Ole Suntour gears
Sugino VL 130 crank
Mod Europa Superracing handlebars
Campagnolo brake handles

It's a little rusty and needs a new seat.

Thanks everyone,
trelynn

Homebrew01
08-02-09, 12:23 PM
Depends ... to me, it's not worth much .... $100 ??
DrPete
08-02-09, 12:25 PM
I'll send this over to the Classic & Vintage appraisal forum... chances are better there.

wrk101
08-02-09, 06:44 PM
Need pictures taken from the driveside. Thats where all the action is.


Left in rusty, needs work condition, maybe $50 to $75. Buyers want bikes that are ready to ride. If you can do the work yourself, there will be a nice return on fixing it up. If you have a shop do the work, you probably won't break even on the shop bill. I just sold a bike for $145 that had recently been serviced at a shop for $150. Do that math....

Buyers looking for bikes to fix up are looking for deals! I commonly buy similar project bikes in the $20 to $40 range.
miamijim
08-02-09, 06:59 PM
In that condition.....$50. Max. It needs $75 worth of parts and has a value of $175-200 in ready to ride out the door needs nothing condition.
trelynn
08-02-09, 07:22 PM
I posted more pictures, since I took pictures from the wrong side.

Thanks everyone. Helpful information.
Ronsonic
08-02-09, 08:19 PM
The cat disapproves of the handlebar tilt.

Tange #2 is nice tubes.

No eyelets for racks and stuff.

Make a nice disease ride and century bike.
wrk101
08-02-09, 08:21 PM
+1 Jim's estimates: $50 as is, $175 maybe $200 in outstanding ready to ride condition.

+1 Tange 2 is a good frame!

Unfortunately, unless you have ready access to reasonably priced parts and are ready to do all the work yourself, you would be ahead selling it for $50. Probably needs a complete teardown, along with new tires, chain, cables, tubes, bearings and grease. At that point, it would be a pretty nice bike!
trelynn
08-02-09, 09:14 PM
Thanks again for everyone's help! Appreciate it!