Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Paramount Series 2
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I have no pictures, but from the blurry pics I saw, it appears to be in great shape. Guys asking $200. Sounds like a good deal, is there such thing as a crappy Paramount?
Well, I recently paid $233 for a Series 3 in pristine condition ($202 plus $31 shipping). Series 3 is just a slight step up from the Series 2. It really depends on condition. I thought my buy was a deal. Not tremendous flip potential, but as a keeper, great.
Around here, a clean bike with a good cromoly frame, alloy 700c rims, indexed DT shifting, will bring $225 to $250. The higher end indexed bikes, like a Schwinn Tempo, can bring $275. (Anything $300 or higher is going to be a touring bike or have brifters). So $200 for a Paramount, even the bottom of the Paramount line, sounds fine to me. Condition is everything!
Waterford is in a whole different league value wise. Some of the Series 5 and 7 were made in Japan by National/Panasonic, which makes them the next tier. My Series 3 was made in Taiwan (I think). Some of the Series 2 were made in China. Scooper has the details, and posted some of it as a reply to my Series 3 acquisition.
I've been accumulating Paramounts recently, bought a Waterford, a series 5 and the series 3 all in about two weeks....Then a 1973 World Voyageur. Its a sickness. Good thing I am on vacation right now, that should prevent me from buying any bikes this week (although I hit the area thrift stores yesterday. Sick, sick, sick....
+1 I think Schwinn under equipped some of these series Paramounts. I don't really understand it. The Series 2 has Shimano 500EX components, the Series 3 has RX100, and the Series 5 has Shimano 105. I will probably put Shimano 600 STI on the Series 5 and 105STI on the Series 3.
Thanks for the info Bill. The bike's about 2 hours away (roughly), the pics on CL look great so I'm hoping the bike actually reflects the pictures. The reason the guy is selling it is b/c he is just not comfortable riding with cars going by @ 45mph. Good reason
10-29-10, 05:38 PM
Rob, that's what I paid for my Series 3. The main selling point of these bikes is the frame. The components are really mediocre Shimano stuff. The wheels are nothing special Araya. But when I brought mine to the bike shop, everyone dropped what they were doing to come over and see the Paramount. They really get attention.
Here's mine, purchased about 4 months ago for $200.
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