Talk in or out of this: Late 50's, early 60's woman's Hercules 3 speed
I stopped in a thrift tonight and there was a pretty nice woman's Hercules 3-sp for $16.50.
It's the same style as this (stock photo) single speed, but with a Sturmy-Archer coaster 3-sp.
It's in decent shape with a tiny bit of surface rust on the rims. As a bounus it has a nice headlight and generator tail light. Overall it's in pretty good shape.
Usually, this would be a no-brainer flip, but right now my life is fairly complicated and busy. I checked ebay, and these seem to routinely bring $100 in similar condition. I could really use the cash
At most I would have to put in about 2 hours of time to clean it up. I'm inclined to check back first thing tomorrow an see if I can snag it for a flip. What would you do
DRF aka Thrifty Bill
It should be gone already. Around here, that bike would last five minutes at that price, tops. Heck, even the crappy BSO's go pretty fast.
I picked up a very similar Triumph (but somewhat newer) at a thrift store for $12.50, paint and fenders were pristine. A little mechanical tuneup, and it was on to another home, at a price significantly higher than the one you mentioned.
Even if you do nothing, around here, you could snag it, and resell it as a project for $40 to $50.
Its really whether you want to take on a project or not. Here, for those 2 hours of work, you could probably make $100 plus profit (depends on any parts you might need).
Last edited by wrk101; 03-01-12 at 10:12 PM.
Thanks TB, I'll check on my way into work tomorrow. It's winter here, and maybe I'll luck out.
I got one recently out of a dumbster that was similar but with the Crown Royal label but still made by the now defunct BBC conlogmerant. Fixed a cable and sold it for $100 a couple of days later.
I was waiting at the door when the thrift opened, but no dice. At some point between 6pm and 9pm last night, someone scooped up a deal. After 30 years going to garage sales, rummage sales and estate sales I should know "to get while the gettings good".
C'est la vie. There's always another bike out there. Thanks for the replies.