Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  


Go Back   > >

Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries Use this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.

User Tag List

Reply
 
Thread Tools Search this Thread
Old 09-01-09, 11:58 AM   #1
intx13
Senior Member
Thread Starter
 
Join Date: Aug 2009
Location: Gainesville, FL
Bikes: Raleigh Super Course (1968)
Posts: 64
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Step-through Schwinn Varsity goes for $150 in my town

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!
intx13 is offline   Reply With Quote
Old 09-01-09, 12:19 PM   #2
Scooper
Decrepit Member
 
Scooper's Avatar
 
Join Date: Aug 2005
Location: San Francisco California
Bikes: Waterford 953 RS-22
Posts: 10,136
Mentioned: 5 Post(s)
Tagged: 0 Thread(s)
Quoted: 36 Post(s)
Varsities are heavy, but take lots of abuse and have provided reliable transportation for millions of Americans over several generations. You live in a college town with relatively flat terrain where there is a huge market for used bikes, and Varsities are a good fit for basic transportation around campus.
__________________
- Stan
I'm with her.
Scooper is offline   Reply With Quote
Old 09-01-09, 12:29 PM   #3
prathmann
Senior Member
 
Join Date: Nov 2008
Location: Bay Area, Calif.
Bikes:
Posts: 6,084
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 77 Post(s)
I'm sure there's a substantial nostalgia market for old Varsitys too. I have fond memories of my first "10-speed", a green Varsity that got me around campus and also got me started on more significant length bike rides. Sure it was heavy, but in flat terrain that's not a big issue unless you need to carry it upstairs. It's main drawback was the chrome-plated steel rims - I remember a few exciting moments putting on the brakes in wet and/or snowy conditions and wondering when the bike would start to slow down.
prathmann is offline   Reply With Quote
Old 09-01-09, 03:05 PM   #4
intx13
Senior Member
Thread Starter
 
Join Date: Aug 2009
Location: Gainesville, FL
Bikes: Raleigh Super Course (1968)
Posts: 64
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
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.
intx13 is offline   Reply With Quote
Old 09-01-09, 04:01 PM   #5
wrk101
DRF aka Thrifty Bill
 
wrk101's Avatar
 
Join Date: Jan 2008
Location: The NC Mountains
Bikes: 86 Katakura Silk, 87 Prologue, 87 Cimarron, 14 frame school custom, 73 Paramount
Posts: 19,976
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 8 Post(s)
Quote:
Originally Posted by intx13 View Post
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.
wrk101 is offline   Reply With Quote
Old 09-01-09, 04:38 PM   #6
intx13
Senior Member
Thread Starter
 
Join Date: Aug 2009
Location: Gainesville, FL
Bikes: Raleigh Super Course (1968)
Posts: 64
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
wrk101,

That's really interesting. I'll have to keep my eyes open, I see similar bikes around sometimes.

Coincidentally, someone parked a Le Tour next to my Raleigh this afternoon on campus. The frame size was a near match and the color was the identical shade of copper; I did a double-take when I got to the pair.
intx13 is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -6. The time now is 02:43 AM.