Cycling and bicycle discussion forums. 
   Click here to join our community Log in to access your Control Panel  


Go Back   > >

Classic and Vintage Bicycles: What's it Worth? Appraisals and Inquiries Use this subforum for all requests as to "How much is this vintage bike worth?"Do NOT try to sell it in here, use the Marketplaces.

User Tag List

Reply
 
Thread Tools Search this Thread
Old 06-10-14, 04:00 AM   #1
reidabook
Newbie
Thread Starter
 
Join Date: Jun 2014
Location: glasgow
Bikes: felt f55
Posts: 3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
help with peugeot

Hi
My neighbour has given me the chance of this old peugeot which has been in his garage for a few years. He's asked me to 'make him an offer for it'. I've always wanted an old bike to do up but don't really know how much to offer him. It's a Reynolds 531 frame and has all original parts: mavic wheels, mafac brakes, simplex mech. It is a bit rusty in places too though as can be seen on the chrome forks. Am I right in thinking it's a late 70's PRN10? Could any body give me an idea of how much I should offer him?
Thanks
Attached Images
File Type: jpg bike1.jpg (107.0 KB, 46 views)
File Type: jpg rust1.jpg (105.7 KB, 32 views)
reidabook is offline   Reply With Quote
Old 06-10-14, 04:27 AM   #2
kunsunoke
spondylitis.org
 
kunsunoke's Avatar
 
Join Date: Mar 2013
Location: Fleetwood, PA
Bikes: '90 Bridgestone MB-1; '85 Trek 600; '72 Peugeot PX-10; '89 Bridgestone RADAC 3100; '89 Bridgestone MB-3; '82 Vista Espada mixte; '96 Trek 930 singletrack; '87 Tommasini Super Prestige; '94 Specialized Stumpjumper; '90 Bianchi Boardwalk gravelpig
Posts: 672
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
Well, value's gonna depend on the market there in Glasgow. If it's an overheated market, populated by hipster children with trust fund checks (such as is the case in Philadelphia and Brooklyn) then the bike could sell on open market for 250-300 pounds.

Based on what some other examples have gone for, you might want to offer something fair to start with - say, 150-180 pound range. It does need a few things - such as a chain, bar tape and cables, possibly a derailleur or two, so if your neighbor squeezes you for more cash you can say you want to keep some of it for the restoration process.

Whatever you do, please don't convert it to fixed gear! The world has enough of those.

The chrome on the fork should clean off nicely with some oxalic acid.
kunsunoke is offline   Reply With Quote
Old 06-10-14, 06:08 AM   #3
reidabook
Newbie
Thread Starter
 
Join Date: Jun 2014
Location: glasgow
Bikes: felt f55
Posts: 3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Cheers mate and don't worry, I wouldn't convert it to a fixie.

Can you recommend any treatment after the oxalic acid to stop the rust coming back?
reidabook is offline   Reply With Quote
Old 06-10-14, 06:09 AM   #4
unterhausen
Randomhead
 
Join Date: Aug 2008
Location: Happy Valley, Pennsylvania
Bikes:
Posts: 14,529
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 4 Post(s)
moved here since this is the correct forum.

I'm not going to do a currency conversion, but really I'd be tempted to offer something less than $100 usd. It was an expensive bike in its day, but not that great. That's one of the reasons why European bike manufacturers went out of business. However, it's a perfectly serviceable bike.
unterhausen is offline   Reply With Quote
Old 06-10-14, 07:23 AM   #5
oddjob2 
Still learning
 
oddjob2's Avatar
 
Join Date: May 2012
Location: North of Canada, Adirondacks, NNJ
Bikes: Too many
Posts: 9,486
Mentioned: 4 Post(s)
Tagged: 1 Thread(s)
Quoted: 60 Post(s)
The bike as is needs a full cleaning and overhaul and lots of consumable parts, basically a full teardown and rebuild. In the US, a DIY effort would be $60-$75, with decent tires. A local bike shop would charge $175-$225, plus tires.

Therefore as is, I would not offer more than $150 US, but hope to get it for less.

OA is overkill for that light rust. Lightly rub with 000 steel wool and WD40. No more rust if you keep the bike dry.
__________________
Life is like riding a bicycle. To keep your balance you must keep moving. Albert Einstein
2016 Additions: 1981 Miyata 1000, 1981 Schwinn Voyageur 11.8 chrome, Schwinn Paramount 50th Anniversary, Dawes Galaxy, Raleigh International, 1985 Raleigh Alyeska
oddjob2 is offline   Reply With Quote
Old 06-10-14, 09:18 AM   #6
oddjob2 
Still learning
 
oddjob2's Avatar
 
Join Date: May 2012
Location: North of Canada, Adirondacks, NNJ
Bikes: Too many
Posts: 9,486
Mentioned: 4 Post(s)
Tagged: 1 Thread(s)
Quoted: 60 Post(s)
Quote:
Originally Posted by wrk101 View Post
I would OA that fork personally. Of course, I OA a dozen or more forks every year. Your choice.
@wrk101, have you considered opening an Oxalic Acid Spa, like @pastorbobnlnh and his Freewheel spa?
__________________
Life is like riding a bicycle. To keep your balance you must keep moving. Albert Einstein
2016 Additions: 1981 Miyata 1000, 1981 Schwinn Voyageur 11.8 chrome, Schwinn Paramount 50th Anniversary, Dawes Galaxy, Raleigh International, 1985 Raleigh Alyeska

Last edited by oddjob2; 06-10-14 at 09:25 AM.
oddjob2 is offline   Reply With Quote
Old 06-10-14, 10:01 AM   #7
headloss 
Senior Member
 
headloss's Avatar
 
Join Date: Dec 2012
Location: Western PA
Bikes:
Posts: 933
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by reidabook View Post
Cheers mate and don't worry, I wouldn't convert it to a fixie.

Can you recommend any treatment after the oxalic acid to stop the rust coming back?
Just a standard wax, to prevent oxygen in the air form interacting with the iron in the steel. There's probably a chrome polish or something along those lines that would work well. On the frame itself, model enamel or nail polish usually works... an acid treatment or zinc fortified paint may be necessary if it comes back.
headloss is offline   Reply With Quote
Old 06-10-14, 05:17 PM   #8
reidabook
Newbie
Thread Starter
 
Join Date: Jun 2014
Location: glasgow
Bikes: felt f55
Posts: 3
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Thanks for all the info guys,
reidabook is offline   Reply With Quote
Old 06-10-14, 06:05 PM   #9
zukahn1
Senior Member
 
zukahn1's Avatar
 
Join Date: Oct 2011
Location: Fairplay Co
Bikes: Current 79 Nishiki Royal, Jeunet 620, 59 Crown Royal, notable previous bikes P.K. Ripper loop tail, Kawahara Laser Lite, Paramount Track full chrome, Raliegh Internatioanl, Motobecan Super Mirage.
Posts: 5,681
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 5 Post(s)
For a French bike of it's age the chrome and paint looks very good to excellent. Some through cleaning and bit of touch up matching nail polish works good for this and quick coat of wax and you should be fine.

Last edited by zukahn1; 06-10-14 at 06:08 PM.
zukahn1 is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -6. The time now is 09:58 PM.