Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Paramount MTB

Thanks for all of the help on my friends Waterford. He took the lowest guesstimate and is hopefully selling it to a local young man who loves steel and wants to start racing.
My friend has one more bike that he does not know much about but needs some info on. Sorry for the poor picture. Here is the info I have on the bike from him. Tell me what you think....

" It's a handbuilt Paramount frame - no indication on bike of what type of steel -Suntour XC Pro groupo (though the rear wheel has been changed and doesn't work exactly like it should - I have to block off one extra cog because it's supposed to be 7 speed and it's an 8 speed cassette). The frame is in excellent shape -it's only been ridden offroad once - but then it's also old - hard tail and hard nosed. One inch steering tube - meaning finding a decent suspension fork is about impossible."




http://i30.photobucket.com/albums/c342/garysol1/Paramount_MtnBike.jpg

Unfortunately not as much as you'd think. Do you know what 'series' it is?

Owner says the bike was built and painted in Waterford so it is not part of the series bikes which were built overseas

Top tube has PDG and the made in Waterford script

From the photo and graphics, it looks like a c. 1993 Waterford Off-Road 26".

http://www.trfindley.com/flschwinn_1991_2000/1993_Pmt_22.html

http://www.trfindley.com/flschwinn_1991_2000/1993_Pmt_23.html

it is lugged and has a factory custom looking paint scheme. Blue with spider web graphics....

I'm thinking $200-$300. Not quite the Paramount cache here in NC on mtb's.

I'm the guy who owns the bike and I was hoping it would be worth around $300. But then I'm also a big fan of Paramounts and Waterfords having owned both. The bike was a gift from my now ex father-in-law who kept it when he closed down his bike shop in 2000. It had only been ridden once at that time - by his son one afternoon when he was bored. Since it was supposed to be sold as new he took the bike apart to clean it well and when putting on the cassette he didn't have the threads on right, when trying to take it off he stripped the teeth completely off of the 12 tooth cog (one of two threaded cogs on the cassette). The bike sat idle until it was given to me. It was ridden once off road since after modifying a different rear wheel/cassette and since then has only been used for running errands or going out for short rides with my 7 year old son. That's the history of the bike. Don't know if it helps or not but at least you know what's going on with it. I'd be happy to answer questions anyone might have.

No doubt its a nice bike. I'll agree with Robbie and say $2-300.

+2 $200, maybe $250 in perfect condition. Rigid MTBs have very little value, even a nice one like this one.

+2 $200, maybe $250 in perfect condition. Rigid MTBs have very little value, even a nice one like this one.

Tell that to my Yeti! :)

Scott

Thanks everyone.

No problem. I really like it. Of course, I coveted that Waterford, too, have to make do with what I have... I don't think the price range is indicative of the bike make, model, year, condition, it's the market. There are so many mountain bikes out there. I actually prefer the hard frames, but I can pick up a Timberline for $50-$60, a GT Saddleback for $100, and still be able to buy my wife something when she sees another bike in the garage....

+1 The market greatly under appreciates high end vintage mountain bikes. Its a shame, as there were some really good ones out there.

At some point, buyers will start appreciating some of the great vintage mtbs out there like this one.