Join Date: Apr 2007
Location: Thunder Bay, Ontario, Canada - burrrrr!
Bikes: 1982 Tomassini, 1963 Peugeot PX10, and eight special issue Canadian lightweights...
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The Norco Monterey is, at best, a mid level bicycle and one that does not have a sought after name. That said, it is a good bicycle and worthy of riding for recreational or commuting purposes.
Vintage Bicycle Value
depends on many things, some of which have nothing to do with the bicycle in question. Where you live, how strong the market is there and how good your marketing skills are will all help to define the bike's value. And, for what it is worth, I have a near mint one right now that I will sell for $100. In fact, it is already sold - all I have to do is let it go.
Recommending a bike is a foolish way to go since you might never find the one recommended. It would be better for you to develop an understanding of what it takes to make a good bicycle
and then search for those qualities. Finding a Vintage Bicycle
is not really very difficult if you are willing to look.
Good luck with the bike.
Learn how to find, restore and maintain vintage road bicycles at... MY "TEN SPEEDS"