First of all, let me say "Thanks!" to everyone who comes here to lend their expertise. It's really great to have so many knowledgeable people sharing their wisdom.
The story: I got hit by a car last week while riding my late '70s/early '80s Raleigh Gran Sport that I had frankensteined into a perfect, comfortable commuter. Frame is trashed. I couldn't stand to buy a new, off-the-shelf bike so I decided to head down to my city's (very conveniently timed) "Antique Fair."
The bike: It's a Raleigh Superbe. It appears to be all original, including: Sturmey-Archer 3-speed IGH with shifter, the rack with spring-loaded clamp, working bell, brooks saddle (very sad condition), and locking front fork (?!?). I'm guessing on the year; according to Sheldon Brown's website, the year of manufacture for the IGH is (a) most likely the same as the rest of the bike and (b) stamped as a 1-digit number for 1930s and 2-digit number for 1940+; mine has two numbers stamped on it: "68" and "10." I have the serial # (see photos); if you have a better guess as to the year, please let me know!
I paid: $100. They had it listed for $259, reduced to $159. I offered $100 and they accepted without haggling (said they were tired of trucking it around, wanted it gone).
Condition: Overall it only has minor rust and pitting issues and I'm pretty impressed with its condition. IGH shifts but only seems like high and low gear work (I could be wrong?) but it skips/pops out on the highest gear sometimes. No key for the fork lock (what the heck is this thing, anyway?!) but I'm determined to get that working (hello locksmith!) The rear reflector is still in tact but the front seems to have disappeared. Not sure if the speedo is original or not; it looks to be in good shape except that the cable is siezed and the front cover for the dial is missing, but I think I can get it working.
I plan to make this my new daily commuter bike, but I'd like to know- what's it really worth? Did I overpay, or did I do OK? What features do I *have* to keep original and what should I upgrade/replace?