Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries - Nishiki Olympic 12 - worth 300$US

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View Full Version : Nishiki Olympic 12 - worth 300$US

lungimsam
04-16-12, 10:06 PM
Person wants 300$ for it. Blue/white. Looks clean from pics.
Haven't seen in person yet, but new (Nitto?) handlebar. 700c wheels. SR crank. Shimano brakes and derailleurs.
Whadduya think? Should I go for it?

thinktubes
04-16-12, 10:16 PM
Hard to tell w/o a pic, but priced 30 to 50% over what you should pay.
oldskoolwrench
04-16-12, 10:19 PM
If memory serves... Olympic 12's only sold for $269 - $279 brand new!!

zukahn1
04-16-12, 11:01 PM
With out pics hard to tell but I sold similar bikes for around $150 ready to ride rebuilt within the past year and felt good about the price. Also pics help a lot.
tmh657
04-17-12, 07:14 AM
Does it look like this? I sold a pair of these, a 53 and 57cm that I picked up from a couple that had bought them and never ridden. They were like new and sold for $225 each. A decent bike but for $300- NO.
http://i816.photobucket.com/albums/zz87/Tbike4/Nishiki%2053cm/Side.jpg
Doohickie
04-17-12, 07:17 AM
If memory serves... Olympic 12's only sold for $269 - $279 brand new!!

I think I paid $249 for one in 1984.
roccobike
04-17-12, 07:42 AM
The Olympic with 700C wheel was the beginning of the mid level bikes from Nishiki. It has generic double butted chromoly steel and lower level downtube shifters/derailers. They're nice bikes but not exceptional. For $100, buy it, for $200 consider it, for $300 keep looking.
lungimsam
04-17-12, 03:11 PM
Thanks for the info everyone. I will pass and keep waiting for my pie-in-the-sky Rivendell.