I saw a beat-up step-through Varsity on CL the other day asking for $150. I emailed the author and mentioned gently that she might have better luck south of $100 (I was thinking $50). The author emailed me back to say that not only did it sell for $150, but that price was suggested by the local Schwinn retailer and there were multiply people vying for the bike!
Is this common? From BF I was under the impression that a Varsity was basically worthless, unless in pristine condition, and even then, nothing special.
On the plus side, maybe I can way overprice my plumbing-pipe Peugeot touring bike and make a hefty profit!