Join Date: May 2011
Location: Upstate NY
Bikes: Bianchi San Mateo and a few others
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It's a Peugeot UO-8 from roughly 1977-1978. It was an entry-level road bike. They're really common and not particularly valuable, but you'll read that lots of people find them to be a comfortable ride. (I have a UO-8 myself and like it.) You can find them under $100 every once in while. Commonly in the $100-150 range.
Being as old as it is, I'd strongly suggest a complete mechanical once-over. If the original 36-year-old grease is still in the bottom bracket, headset, and wheel hubs, it's almost certainly all dried out now and doing nothing to protect the bearings, races, and cones.
Last edited by SkyDog75; 06-04-14 at 08:25 PM.