Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - How much can is A 1987 Schwinn Paramountain worth?

So this past weekend i was driving and decided to stop at a yard sale. they guy had a red Schwinn paramountain for sale. so i was wondering what value this bike has?

Here are the Specs.

so its about a 54 Cm
Red has Paramountain written on the top tube
also written is Ned Overend

the Frame is a little rusted at some places but no major damage
Frame.. Prestige Cromo Double Button Tubes (Tange)

Shimano Decore XT Calipers and Brakes
Shifters 1 is a Decore XT as well but the other one is a 7 speed shifter just Shimano Decore.

Suntour XC Stem

Both Front and Rear derailers are XT Decore Shimano

Shimano Decore Cranks and Pedals

it also has a Shark Fin

Saddle.. Selle San Marco Mountain-Pro

Tire Size Standard 26 the Front Rim is Original and the rear is a Spcialized rim

I think this Bike was upgraded with the rear wheel to fit a 7 speed and the Shifter was repaced to fit the gear ratio.

So how much is it worth?

http://www.geocities.ws/cegrover/Paramountain.html

what did you pay?

i paid 45 Bucks.. n that link that you sent me is exactly what it looks like except with fat boy tires

The link was helpful

I think it is a total home run without a doubt. MTB values are really down right now; so if you bought it to flip you should hang on to it. Restore it completely and you'll make a ton someday. I don't really know MTB$$; but it may have significant value even now.

its already in great running condition it just needs to be cleaned up a bit the last owner had abandoned it for awhile. and i has alot of grease in between the gears..

a rough estimate of how much this MTB is whorth? ball park ?

try the mtbr forum. many many more mtb fanatics there.

Around here, in as is condition, $45. Fully refurbished, ready to ride, $150. Rust will have to be treated/dealt with. Tires need to match, non matching wheels are a negative.

Go for the frameset option below: --->>

Due its somewhat historical significnace I'd say the frameset alone is worth in $150+/- range with a well written ad on eBay. As a complete bike its not worth much more because it simply wasnt available as a complete bike.