DRF aka Thrifty Bill
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
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Originally Posted by intx13
Hmm interesting. I had only seen Varsitys mentioned with disdain or humor, and didn't expect to see a price similar to what I see for lightweight Japanese same-era bikes. I wouldn't pay $150 for one! But nostolgia is worth quite a bit I suppose.
I don't get it either. I grew up with a Varsity (actually a Continental). I have no interest in going back to one.
But I recently sold a Varsity in good ready to ride condition, but it was not pristine. I ended up with a bidding war on it, people were so anxious to get it. I was stunned. Buyer drove over 100 miles one way to get it!!! There seem to be two groups that have to have one. The nostalgia types, that want the bike of their youth, and the younger hipster crowd, that think they look cool.
I no longer walk by Varsities when I see them in thrift stores or garage sales. The market will pay a price similar to what a nice Japanese road bike out of the 80s, with alloy bits and a cromoly frame will sell for, even though the Japanese bike is about 15 pounds lighter, has standardized parts, more speeds, better everything really.
This experience motivated me to fix up the Suburban I had in boxes in the shop. It went to a hipster.
As far as terrain, nothing is flat around here.
So far from what I have seen, this market is unique to the older Schwinns.