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
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 10 Post(s)
Well, I recently paid $233 for a Series 3 in pristine condition ($202 plus $31 shipping). Series 3 is just a slight step up from the Series 2. It really depends on condition. I thought my buy was a deal. Not tremendous flip potential, but as a keeper, great.
Around here, a clean bike with a good cromoly frame, alloy 700c rims, indexed DT shifting, will bring $225 to $250. The higher end indexed bikes, like a Schwinn Tempo, can bring $275. (Anything $300 or higher is going to be a touring bike or have brifters). So $200 for a Paramount, even the bottom of the Paramount line, sounds fine to me. Condition is everything!
Waterford is in a whole different league value wise. Some of the Series 5 and 7 were made in Japan by National/Panasonic, which makes them the next tier. My Series 3 was made in Taiwan (I think). Some of the Series 2 were made in China. Scooper has the details, and posted some of it as a reply to my Series 3 acquisition.
I've been accumulating Paramounts recently, bought a Waterford, a series 5 and the series 3 all in about two weeks....Then a 1973 World Voyageur. Its a sickness. Good thing I am on vacation right now, that should prevent me from buying any bikes this week (although I hit the area thrift stores yesterday. Sick, sick, sick....
+1 I think Schwinn under equipped some of these series Paramounts. I don't really understand it. The Series 2 has Shimano 500EX components, the Series 3 has RX100, and the Series 5 has Shimano 105. I will probably put Shimano 600 STI on the Series 5 and 105STI on the Series 3.
Last edited by wrk101; 10-29-10 at 07:21 PM.