Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - A worthy flip?
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04-16-11, 03:47 PM
I seen this in the classifieds, looks to be in good shape, good components possibly. Needs some TLC by the look of it. But no where near my size.
What do you guys think? What would you pay for it? And how much do you think it would be restored. I'd like to have something new to wrench on but I haven't really done any flipping before.
IMO, that's a reasonable price for the bike if you're going to keep it and use it.
04-16-11, 04:02 PM
I'm not, it's a 49cm supposedly and I'm 6' lol.
Just looking for something to work on and maybe make a few bucks.
Around here, $100 for that bike is pushing it as far as flip potential. It has quite a few defects, which certainly can be fixed. XS size is a good plus. Since the ad says OBO, maybe you can get it at a flippable price. Get it for $60 or $70, and you could make some $$ on it. Note, this is all based on you having the tools/time/aptitude/interest in doing the work. Pay someone to do the work and you will be upside down.
Picture isn't good enough to really know the most critical part: frame condition (rust, paint, decals, no dings, etc.). If that frame label is Columbus tubing, its a buy. If its Tange 2001, not so much. Hard to tell from the picture.
The problem with cleaning it up and selling for $200, you could well have $50 to $75 into parts and consumables. Kind of defeats the purpose of flipping at that point.
I don't know about the market there, but here in the Portland area a bike like that, restored, could easily fetch $200, assuming its components are some midrange Shimano or equivalent. Especially with summer coming up. If it were me, I'd buy it and get it all fixed up quickly so it can be ready for the beginning of summer.
04-16-11, 04:22 PM
Those components don't look to be midrange Shimano. That looks like a Campy Victory crank to me, and a Campy rear mech as well. Looks like a Campione d'Italia to me. A definite buy, esp. considering the size.
04-16-11, 04:27 PM
Not real familiar with vintage Campy Poguemahone, where does victory lie in the Campy line?
04-16-11, 04:35 PM
Towards the bottom. Still worthy, though. The rear mechs work very well. I'm pretty sure on my id-- but not positive. Would need to see bike itself, or close ups. If it is an Italian made, Campy equipped model, buy it. I think it is. Not positive. The bike will have a sticker on it indicating country of origin, either on the headtube or at the bottom of the seat tube. Bianchi girl should be along soon, she knows a lot more than me about Bianchis (duh). Brakes are likely Modolos.
04-16-11, 04:39 PM
The margin is a little tight for a flip.
04-16-11, 04:52 PM
Good price for Halifax - it also depends on how long you're willing to sit on it. When Toronto students arrive in September there will be a rush for bikes and a nice looking Bianchi will quickly part them with their parents' dollars.
04-16-11, 04:54 PM
moving to appraisals
It has possibly been left outside for some time since it has a rusty chain. I smell a possible stuck seat post. Better check that FIRST. It can be un-stuck but it's a PITA.
04-16-11, 05:00 PM
Thanks Unterhausen, sorry about that.
+1 To above, bikes left out in the weather are prone to stuck seat post and stem. Take some basic tools with you to make sure.
Rusty chain/parts = big reduction in price.
04-16-11, 09:53 PM
Looks like Triomphe grouppo - the "liesure" grouppo introduced, if memory serves, in 1986. The Triomphe was a step below Victory.
Still, it looks like a nice bike, and I'd see if the rusty chain could be used to get the price down. Without being able to see things up close it is hard to tell if it is a rustbucket or a good deal. If it is clean, $100 is a good price, and here in SLC the bike could easily fetch $250 (again, assuming it is pretty rust free).
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