CrowSeph

My friend got those 2 bikes , How much they can value in the current conditions or in the perfect restoration conditions?
Do you guys know the (probably) year of each bike?

First Bike:
This one is from a brand called "Coriz" with a 3 speed cassette.

My idea was this:
- Restoring the painting with the original color ;
- Maybe restoring the stickers too;
- Removing the chain protector and some others ugly stuff;
- Swapping the handlebar with the classic road type;
- Insert a new chain and some new brakes and other important stuff;

My friend's idea is:
- Leave everything as it is and make it ridable even is the painting is that bad...

Photos:
https://s3.postimg.io/ylbd41ez7/20160821_124940.jpg
https://s3.postimg.io/lifqkror7/20160821_124953.jpg
https://s3.postimg.io/y7a14fuvn/20160821_124929.jpg


Second bike:
This one had no brand or any identification code or details , is something strange to see those packholders really big and also that bike is heavy AF

In that one me and my friend got the same idea , fixing everything and change the important parts as chain and restore everything salvable.

Photos:
https://s3.postimg.io/lm4yna4ur/20160821_124805.jpg
https://s3.postimg.io/di1fwa7tf/20160821_124826.jpg
https://s3.postimg.io/j8rma0ftf/20160821_124841.jpg
https://s3.postimg.io/r2s7venmb/20160821_124853.jpg

Sadly for a low amount of time i forgot to made more detailed photos.
Best regards.

cb400bill

Thread moved to our Appraisals forum

CrowSeph

oopsy.

repechage

The men's bike, I would take it apart, clean it up, provide replacement consumables as needed.
Keep the citi handlebars, just insure there is a safe amount inserted into steerer.
No painting. Citi bikes have a following.

The woman's bike, this is a bike type I would love to have at my vacation place, a true grocery getter.
Unfortunately the wheels may be in rough shape and may be 650b... Aluminum rims would be great but recouping the value spent would questionable. I would lean toward just preserving the finish, even though it has been compromised. My view is for the purpose of this bike, flying under the radar is a big advantage.
Closer observation on a bigger screen shows rod operated brakes... This will really limit the replacement rim selection... I would start with examining the rims for trueness, I think replacements may be found but, that will be the major hurdle.

CrowSeph

So basically none of them are really wort the restoration?
Do you think is a mistake to update the entire bike's brake system on the second bike?

CliffordK

Both bikes have a lot of character.

Old balloon tire bikes and tank bikes have quite a cult following here in the USA. You're in Itay, I think. That certainly would affect how common the bikes are.

I doubt either bike would ever reach a thousand dollars either restored as a pristine bike, or as a utilitarian bike. And perhaps the value wouldn't be very different if repainted with new decals vs cleaned and preserved with patina.

As repechage suggested, I'd probably just clean them up to the point of being functional. Perhaps clear-coat over the old paint. Concentrate on stuff like tires, wheels, chains, bearings, and etc... whatever it takes to get the bike 100% bombproof functional.

As far as the wheels on the blue bike. You may be able to disassemble, re-chrome the wheels and hubs, and rebuild with new spokes. Or, if the rims are in good shape, I'd probably clean and paint or powder-coat them. Black? Then new spokes. The brake over paint is a bit sub-optimal though.

How much does a new European Manufacture "town bike" cost? Perhaps use that to drive your decision on how much to invest in the restoration.

bulldog1935

In your lifetime, you'll never sell a restoration for what you put into it.
You can't go to a LBS (or have a custom built) for the same money and have a ride anywhere near as cool as your restoration.
And if you buy a new bike or have a custom built, you'll also never be able to sell it for what you have into it.

oddjob2

It depends on how much you are willing to be upside down or lose money in either restoration. A party interested in the 2nd bike would want the rod brake system.

CrowSeph

@CliffordK : in italy some of those bike are ver chap , i don't know if i can post some links but those are what i found on internet:
From a local store the cost rate of city bike (woman type) will be 100-150€ but as you can see in the links on internet is more easy to find more cheap bikes.
I still don't know why those female bikes are easy to sell and for some reason most of buyers are mans...

@bulldog1935: Yea i know what you mean , Some day before i finished my fixie a seller told me "if you are interested you can have this by trading me with your bike and 50 euros extra".
I declined instantly since sound as a scam and i spent more than 100euros in that bike , but after a good rating i found the real bike value. As is now i can sell it for 150-180 (or maybe more) euros , but if i want to sell it fast i just need to replace the handlebar with a city type and the pinion with any non-fixed but i can earn 120-150.
But i don't want to do that since i enjoy his style , and is double usefull since i can have fun (sometimes i use for going to the beach too) and use it as a training on the rollers (i already planned this winter to train a lot , and my training tables are ready ).

Seems fixie are very rare on my city , thats why the cost is a bit highter but is also rare to find someone intrested.

Btw i still don't understand how the cost change as the looks change... i mean look my exampe , a stupid handlebar can totally change the selling speed and the price!

ps. the prices i used to value my bike are an example , i have no idea ho much is wort it but in total i think i spend 120 euros. link to my fixie here

T-Mar

They are still making Westwood style rims for roadsters and rod (stirrup) brake bicycles. You can even buy aluminum versions. Most seem to be coming out of India. I'm not sure of European sources but if the OP just searches on "Westwood bicycle rim or wheel" and his required size, he should be able to find what he needs.

Agreed, you will never recoup the investment, as neither bicycle appears to be valuable. However, both are very interesting and sometimes labours of love trump the financial aspects, if they are restored as "keepers". My approach would probably be to arrest the detoriation and use as many of the OEM parts as possible, limiting replacements to consumables such as chains. pads, cables, tyres, etc.

repechage

If profit is the motive, probably not. The men's bike if obtained for free, could with a complete servicing bring a minor profit. Depending how you value your time.

The woman's, bike: As mentioned later, changing the brake type is not a good choice.

CliffordK

So, from your research, the top end of those bikes may well be around 250€, and most likely well under 150€.

So, it becomes a personal decision on whether you wish to ride the bikes, and how much work you wish to put into them.

As far as the new manufacture bikes you linked.. I have both a love/hate relationship with the old stuff. I like the character of the old stuff, but also like the smooth functioning new stuff.

CrowSeph

Ok guys thanks everyone for the infos , i'll tell everything to that my friend and he will decide.
I'll keep the tread update.

bulldog1935

I'm back - that's an Italian Condorino (shape of the bar = baby condor).
They have a new surge of interest, here and EU as well.
Complete restorations sell for $700-1100.
here's an Italian blog, and if you google condorino images you will find links to restored bikes and their aksing prices.
I bid on a Doniselli earlier this year, but it passed my interest

3alarmer 

.
...for those bikes, I like your friend's idea better than a full cosmetic restoration with paint and decals.

CliffordK

If I hadn't ridden my old Colnago for the past 30 years, I'm sure I would be able to sell it for 3x what I paid. As it is, I could probably strip it down to a bare frame with bad paint and resell just the frame for the same amount I paid for the complete bike.

There certainly are bike flippers in almost every market from the junk bikes to the high end road bikes that can make money. And not everyone is doing the strip & flip.

A lot depends on how careful one is with the restoration. Perhaps the most bang for the buck is in the more conservative builds and restorations. Getting everything date matched can be expensive. Yet, for example, a Nuovo Record derailleur is still quite a bit cheaper than a new Super Record derailleur. People may pay a premium for well matched builds, but not that much less for a franken-build with cheaper parts.

bulldog1935

you'll have to do a purchasing power calculation to determine if that is actually true.

40 year old money is worth 10x what was 40 years ago.

I am an established antique fly tackle historian.
The simplest definition of "classic" is that its value retains the purchasing power of its original cost in today's dollars.

If your bike cost $800 30 years ago, you'd have to sell it for $1800 to match the original price, which is certainly possible.

CrowSeph

Sounds very good , but the condition are not that "good" and the brand seems almost no name. Are you sure is that he real value?

bulldog1935

not rating that bike specifically, but was referring to prices on restored condorino bikes in the US - they're rare here - they were not imported new.

If you want to see typical prices at home, search Condorino on ebay.it

CliffordK

Many issues

With time and money one can restore all but worst basket cases. Lots of money?

Asking prices and selling prices don't always match, and can vary a lot, especially from Europe to USA. Shipping?

T-Mar

+10,000. Oh wait, wasn't that the asking price for one of these at Budget Bicycle Centre?

AlexCyclistRoch

Not a "woman's bike" at all; that is a Delivery Bike. Step-through frame because it would likely have cargo piled high on it, making it difficult to mount any other way.

T-Mar

Good point.