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Classic and Vintage Bicycles: Whats 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.

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Old 04-19-17, 02:30 AM   #1
freddy2081
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1984ish Olmo la biciclissima

Hi all. I've been reading this forum for a while but is the first time I post. I'm almost done with building a 1984 olmo la biciclissima. I did it for the sake of riding it, not selling, but all the money and frustration that went into this just got me wondering how much is this bike worth,I guess for my own knowledge.
Frame is a Columbus SL(size 57)
Headset is super record
Crankset is super record with pista pedals and campagnolo toe clips (not pictured)
BB nuovo record
FD and RD nuovo record
Brakes and levers nuovo record.
Nuovo record hubs with Super Record skewers on FIR clinchers (700)with regina 6 speed.
Cinelli Bar and 3t stem (panto bertoni for what matters)
Seatpost is Victory and saddle is a modern San marco ponza.
Here's the link to some pictures :
www.flickr.com/photos/freddy2081/shares/C9Az6c
Thank you!
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Old 04-19-17, 05:43 AM   #2
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Sadly not as much as you would think.
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Old 04-19-17, 06:55 AM   #3
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Great looking Olmo

Classic Italian SL frame with Campy NR components but doesn't have the brand equity of a Colnago, Pinarello, etc.

My buddy just sold his '70s Mercian similarly equipped and it fetched $600 on eBay. I'd guess that's the buying market for this Olmo as well. Maybe $700+ if you were patient enough to wait for the right buyer.

I'm guessing that's 50%-70% of what you have invested. Welcome to our "hobby"
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Old 04-19-17, 09:11 AM   #4
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Welcome! That's a beautiful bike. Congratulations on a job well done. As others have mentioned, with few exceptions it's really a buyer's market for the great vintage bikes. I suggest instead of thinking about how much it's worth now, think about how much of your disposable income it would have taken to buy this bike with these components in 1984. And then ride it and think of the pricelessness of enjoying a sublime ride on something you restored.

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Old 04-19-17, 10:45 AM   #5
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Originally Posted by Kevindale View Post
Welcome! That's a beautiful bike. Congratulations on a job well done. As others have mentioned, with few exceptions it's really a buyer's market for the great vintage bikes. I suggest instead of thinking about how much it's worth now, think about how much of your disposable income it would have taken to buy this bike with these components in 1984. And then ride it and think of the pricelessness of enjoying a sublime ride on something you restored.
Thank you very much!!

The frame was an emotional buy, was looking for a decent vintage frame, and when this one come up it took my as a hurricane and had to buy it. Afterwards I figured I make it into a frankenbike just for the sake of enjoying the smooth steel frame, but as I started gathering parts I realized that I needed to build it at least close to being period correct, let's say "era" correct.
Finishing touches are still missing, white bar tape, white toe tips strings, and tan brake hoods, all coming in soon.

I do love the bike, and although someone already asked if it was for sale, this one is a keeper, at least for a while.
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Old 04-19-17, 10:55 AM   #6
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Originally Posted by plonz View Post
Great looking Olmo

Classic Italian SL frame with Campy NR components but doesn't have the brand equity of a Colnago, Pinarello, etc.

My buddy just sold his '70s Mercian similarly equipped and it fetched $600 on eBay. I'd guess that's the buying market for this Olmo as well. Maybe $700+ if you were patient enough to wait for the right buyer.

I'm guessing that's 50%-70% of what you have invested. Welcome to our "hobby"
Interestingly enough, 700$ would make about 97% of my total investment which includes every single penny spent on this thing, along with service cost, some loss I took from the reselling of wrong parts, especially BB (man that was a nightmare to get it right) and even shipping for whatever I got online.

All in all this was not meant to be a flip or to make money in any way, so I can consider myself satisfied of the outcome
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Old 04-19-17, 10:57 AM   #7
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Originally Posted by Bianchigirll View Post
Sadly not as much as you would think.
I was thinking on the line of the 600/700$, which seems to be about right.
I actually just missed a beautiful Olmo 50th anniversary frame that was being sold for nothing.. Unfortunately I wasn't in the right place at the right time

Next build is going to be a neo/retro, is that what is called?!!?!
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Old 04-20-17, 09:46 PM   #8
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Next build is going to be a neo/retro, is that what is called?!!?!
We have an entire thread for these. Have 2 myself. Lots of fun.

Retro roadies- old frames with STI's or Ergos

And I just noticed your Olmo is sans tape and hoods. Definitely more toward 6 than 7. Great job on building it for that.
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Old 04-21-17, 02:15 AM   #9
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We have an entire thread for these. Have 2 myself. Lots of fun.

www.bikeforums.net/classic-vintage/361558-retro-roadies-old-frames-sti-s-ergos.html

And I just noticed your Olmo is sans tape and hoods. Definitely more toward 6 than 7. Great job on building it for that.
Thank you!
Yes, white tape,tan hoods and white toe straps will go on soon.
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Old 06-15-17, 04:02 AM   #10
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Well, I never came back for pictures of the finished bike:
//flic.kr/p/VBEx1Z
//flic.kr/p/UwAKDy
//flic.kr/p/UzxoY2
//flic.kr/p/UwAJKu
//flic.kr/p/UzxnGK
I know there are some details to sort out, but this is pretty much the look that I was going for.
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