Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Peugeot U-09 frame, how much to offer?

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Found a 21" U-09 on CL. Guy is looking to trade, I want to make him a cash offer. Looks like it's the frame, cranks, pedals, chainrings, stem, bars, breaks. I don't see shifters, front or rear derailers, steapost, seat or wheels.
How much should I offer, if anything?
Pics:
http://images.craigslist.org/3k93mf3p35Y35U25S6a3o0aafd974b942185a.jpg
http://images.craigslist.org/3n63me3la5T25P15R5a3o9dd44c3409331e1e.jpg
$30-50 (if the stem, the BB and the cranks are ok, you got the hardest parts to find for restoration right there)
Poguemahone
03-24-10, 09:12 PM
40 bucks. Seatpost will be an issue, it's likely a 24mm. Hard to find, certainly that size if the frame is Carbolite. Try a cheapie BMX post with a shim.
The guy initially was lookig to trade for a larger frame. After nobody responded he emails me back saying it is now for sale. He wants $100. I've offered him $30. Well see how long it takes him to reply if he does.
Bike prices are starting to go even more nuts in Toronto.
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