Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Schwinn Prologue
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Have my 1987 Schwinn Prologue, which I got from a guy who worked in Schwinn R&D for a long time. It's an '87 model with full Shimano Sante. The bike is in immaculate condition, save for three small marks on the chainstay. I had an offer for $750 shipped earlier in the year, but didn't feel like selling. Is $685 a fair asking price, too low? I feel like the bike is worth more than that, especially since the guy I got it form told me that there were ever only around 20 built with the Sante. He also was quite insistent that I'd never be able to find another in this shape either. Thoughts?
Great looking Prologue!
As far as value, sorry, but I have two Prologue road bikes myself, a 1987 and a 1988. Both are in pristine condition. IMHO this is not a $685 bike, or anything close to that high. If you can get that kind of money for that bike, take it quick!
I saw your note about the upcoming move. If you can get this kind of price where you live, take it. Unless you are moving to some red hot bicycle market, you are not going to see this kind of price elsewhere. There was a local in my area trying to sell a FG Frankenbike, that he bought in Portland, OR for $600. I watched week after week as this seller started to sober up on local values. Bike dropped about $50 per week. I remember seeing it finally for under $250.
As far as the Sante comment, that is totally bogus. The Prologue was not sold as a complete bike, it was sold as a frameset. So it did not come with Sante, or any other component group for that matter. The buyer would then have it built up by his local shop with whatever group he wanted. I have had mine built up with Shimano 600 tricolor, then full Sante. Right now, mine is nine speed Ultegra 6500 STI (OK, someone with a sharp eye will pick out the Tiagra hollowtech compact crankset). My second one came with Shimano 105 group. The Shimano 105 parts were moved to another bike.
So back in 1987, if you wanted Sante, you just paid your shop for the Sante bits and had it built.
By the way, your bike is not full Sante. It is missing one of the sweetest (IMO) pieces of Sante, the Sante headset. Those also are Shimano 600 pedals (which are my favorite). The headset on your bike looks like a Tange Falcon, which did come with the frameset from the factory.
There is no catalog page for the 1987 Prologue. Apparently, the model came out after the catalog was printed. You will find it in the 1988 catalog, where it does mention the frameset being in its "second" year.
I looked for two years to find my first Prologue, ended up getting it on ebay from Utah. I have since found several (go figure), including a couple local.
10-09-10, 02:49 PM
Gorgeous but yeah, if you can still get $750 shipped for it, take it.
This is a Panasonic Schwinn, right guys? Is the Panasonic Team the same frame? Or the DX 5000?
FWIW: A really nice Prologue frameset sold on ebay yesterday for $113.50. It was a local pickup only, and I thought that was a smokin hot deal.
Yes, this is a Panasonic Schwinn. Hard to put its value higher than the Series 5 or Series 7 Paramounts, which were also built by Panasonic.
And unfortunately, the average buyer will probably respond more to the "Paramount" name.
If anything, it's the Sante group that will help keep the price of this bike high.
There's a hard following out there for this Shimano group that is always looking for them. $685 is a very good price for an 80's Schwinn like this if you can get it. In a good day, during peak riding season, an avid 80's Schwinn/Shimano Sante fan might actually pay a bit more, because of the bike's almost brand new condition.
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